1700 Dixwell Ave - Storefront Retail/Office FOR SALE


Hamden, CT 06514
$1,999,900 USD
203-376-6266
1700 Dixwell Ave, Hamden, CT for Sale
$1,999,900 USD
Storefront Retail/Office - FOR SALE
1/4
null | 9.57% Cap Rate

1700 Dixwell Ave
Hamden, CT 06514


HIGHLIGHTS

  • Property features an excellent in-place cap rate on a fully leased property.
  • This is a three building offering featuring 14 rental units (10 tenants).

OVERVIEW

Discover a lucrative investment opportunity in Hamden, CT! 1700 Dixwell Ave, Buildings B, C & D feature a retail center with three commercial condos, offering a total of 14 rental units across 10,987 SF. The property is fully occupied, providing a stable income stream with an attractive NOI of $191,395 and a high 9.5% Cap Rate. Positioned for success, the center boasts a prime location with a new pylon sign, ample parking, and high traffic visibility with 31,300 CPD. Each building showcases unique rental spaces, all of which are fully leased to a total of 12 tenants, creating a diverse tenant mix. With professional condominium management in place, this turnkey investment allows for a seamless ownership experience. Collect rents, pay one check to the Condo Associaiton and one check for taxes twice a year…easy breezy. Take advantage of this rare chance to own a thriving retail property in a rapidly growing area. Don't miss out on this outstanding opportunity at 1700 Dixwell Ave, Hamden, CT!

FOR SALE DETAILS

PRICE

$1,999,900 USD

PRICE/SF

$87 USD /SF

CAP RATE

9.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail - 1700 Dixwell Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CDD

APN/PARCEL ID

HAMD-002326-000089-000000-000062

ASK ABOUT THIS PROPERTY

Ken GinsbergHoulihan Lawrence Wareck D'OstilioMore Info
203-376-6266

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Ken GinsbergHoulihan Lawrence Wareck D'OstilioMore Info
203-376-6266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.