960 Dixwell Avenue

Hamden, Connecticut 06514

Status
For Sale
Square Feet
4,328
Beds
0
Price
$899,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24062587

Price

$899,000

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Interior Details

Interior Size
4,328 Sq Ft
Bedrooms
0
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
0.15 Acres
Roof
Flat,Rubber
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Wall Unit

Other Information

Property Tax
$12,562
Assessed Value
$225,890
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

This commercial property offers 4,328 square feet of versatile space, ideal for retail or mixed-use purposes. 3 units, occupied by;1st unit is a popular neighborhood restaurant, check cashing services (in which both have been in business for decades), and storage/warehouse space as it is currently used or it can be utilized as office space as in the past or retail conversion. Separate utilities. Current Gross Monthly Income $7,185 with a 7.1% Cap Rate, Pro-Forma. This property is ideal for an investor who wants a solid return on their investment or for a future owner-operator. Possible room for expansion. The location is a diverse mix of national and local businesses which contributes to a vibrant commercial environment, attracting a steady flow of customers to the area. Hamden's commercial real estate market is poised for steady growth over the next decade, supported by its economic drivers and strategic location. Real Estate Only for Sale. Seller Financing Available.
Listed by Milas Realty Advisors, Konstantinos Milas. Data sourced from SmartMLS

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