Own A Full Block Front With Retail, Offices, Apartments And Parking In Downtown West Haven, Connecticut

519-567 Campbell Avenue, West Haven, CT

$4,750,000

Price

9.1%

Cap Rate

$434,082

NOI

Overview
Cap Rate
9.1%
NOI
$434,082
Building Size
47,345 sqft
Lot Area
75,794 sqft
Units
32
Price Per Sqft
$100
Zoning
CBD
Description

Own this prime downtown location in West Haven, close to Yale University and major transportation routes with the potential for double-digit (cash/cash) returns

Presenting the opportunity to acquire a downtown mixed-use assemblage consisting of retail, office, and residential units situated along 630 feet of wrap-around frontage, across the street from City Hall in downtown West Haven, CT

519-533 Campbell is a three- and partial one-story building with six ground-level stores and offices on the upper levels

535-567 Campbell is a one- and partial two-story building with eleven stores and four apartments. The stores all have basements, and tenants provide for most utilities.

Tenants enjoy onsite parking, easy street parking, and a busy downtown location with a surrounding customer base of local businesses and residential communities

Additionally, the entrance ramp to Interstate 95 South is located a three minute drive from the subject property

Highlights
  • Retail, Office & Residential With Parking Lot
  • Future Redevelopment Potential In A Downtown Opportunity Zone
  • 630' Of Wrap-around Frontage On Three Streets
  • Potential Double Digit Cash On Cash Returns
Documents
Title
Offering Memorandum
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery