REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,950,000
Est. payment /mo
New
430 Forbes Avenue New Haven, CT 06512
2,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $1,519
MLS Listing ID 24113698
Year Built 1982
Annual Tax Amount $19,358
Lot Size 0.350 Acres
Property Description
Positioned on a prominent corner lot, this freestanding commercial building is leased to Citizens Bank, a long-term tenant. The property generates approximately $65,000 in gross annual income with minimal operating expenses, offering a strong return and reliable cash flow. This asset is being sold as part of a two-property investment portfolio, which also includes 70 Washington Avenue, North Haven (MLS #24113655). The portfolio is being offered as a single transaction; the listed price reflects the total for both properties. This is a rare opportunity to acquire a fully leased, income-producing portfolio with established tenants and strong locations.
Location
State CT
County New Haven
Zoning BA
Interior
Interior Features Security System
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Electric, Gas
Roof Type Flat
Building
Lot Description Corner Lot
Foundation Slab
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Lawrence Madow • Calcagni Real Estate