20 Gorham Ave - Schools FOR SALE


Hamden, CT 06514
$1,100,000 USD
860-674-8908
20 Gorham Ave, Hamden, CT for Sale
$1,100,000 USD
Schools - FOR SALE
1/22
null | Request Cap Rate

20 Gorham Ave
Hamden, CT 06514


HIGHLIGHTS

  • 20 Gorham Ave is a value-add redevelopment opportunity in a densely populated residential area.
  • Previously the home of College of Art, the four-building property has over 27,637 square feet of mixed-use space.
  • T5 zoning allows for higher-density, mixed-use buildings such as retail, offices, and apartments.
  • Yale, Southern Connecticut State University, and Albertus Magnus College are drivable from the property.

OVERVIEW

20 Gorham Avenue, Hamden, CT. Featuring 24,247 SF of currently artistic use buildings. The 1.63 acre property is equally suitable for a user or developer, with value-add potential. Comprised of four buildings located in a suburban neighborhood but adjacent to a busy commercial sector. Parking is directly adjacent to the buildings. Walking distance to Putnam Plaza, Chimney Square and The Farmington Canal Heritage Trail. Situated just north of New Haven (pop. 124,000) and numerous cultural resources like Yale's Art Gallery, museums, libraries and theaters. Within commuting distance to Hartford (38 miles), New York City (78 miles), and Boston (154 miles) by car, bus, or train. 24,247 SF Commercial. Comprised of art rooms, offices, studios, gathering space & library. RTU’s replaced recently. Highway access - Rt 10, I-91 & I-95. Prominent location adjacent to Dixwell Avenue. Modern functionality and layouts. Redevelopment potential.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Value-Add Mixed-Use with Redevelopment Opp

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

T5 & R5

APN/PARCEL ID

HAMD-002225-000597,HAMD-002225-000598,HAMD-002225-000672

ASK ABOUT THIS PROPERTY

Frank Amodio, Sr., CCIMAmodio & Co. Real EstateMore Info
860-674-8908

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Frank Amodio, Sr., CCIMAmodio & Co. Real EstateMore Info
860-674-8908

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