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$849,900
Est. payment /mo
3 Baths
5,852 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,852 sqft
Price per Sqft $145
MLS Listing ID 24122912
Full Baths 3
Year Built 1950
Annual Tax Amount $8,477
Property Description
Transit-Oriented Development (TOD) Anchor in Prime Downtown Core | NEW PRICE: $849,900 Unleash the ultimate commercial potential with this prime, updated property strategically situated in the heart of the downtown business district. This is more than just a well-maintained building; it's a rare investment vehicle positioned for significant future growth, now priced to ensure immediate action from serious buyers. Key Investment Highlights & Features: * TOD Zoning Advantage & Development Upside: Situated within a highly desirable Transit-Oriented Development zone, this property offers incredible vertical expansion potential. The existing flat roof is a developer's asset, ready for additional stories to dramatically increase rentable square footage and income streams. * Irreplaceable Location & Connectivity: Enjoy unparalleled walkability in the bustling downtown core. The property boasts excellent access, located within a short walk of the Metro-North Train Station and a fast array of popular amenities, retail, and dining options. This location guarantees high foot traffic and superb connectivity for any tenant. * Immediate User-Readiness & Dual-Purpose Flexibility: The building is in good, updated condition and can be delivered ready for an Owner/User to occupy immediately or positioned as a turnkey income property for an investor, depending on your business strategy. This dual-purpose flexibility significantly broadens the market appeal.
Location
State CT
County New Haven
Zoning TOD
Interior
Heating Hot Air
Cooling Central Air
Exterior
Parking Features Paved, Parking Lot, Off Street Parking
Utilities Available Electric, Gas
Roof Type Flat
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Tracey Virtue • RE/MAX One
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