Own a Full Block-Front with Retail, Offices, Apartments and Parking in Downtown West Haven, CT

519 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
62,726 sqft
Units
24
Price Per Sqft
$100
Zoning
CBD Central Business District, Opportunity Zone
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.

Documents
Title
Investment Brochure
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Location
Gallery