1503 State Street , New Haven, CT 06511
New Haven, CT 06511
Description
Unique opportunity to acquire a mixed-use property fully available and ready to be either owner occupied or leased out for instant value-add returns. This turnkey dual-unit building has a well-established cafe/ bar on the first floor with approximately 50 seats. This commercial space includes all existing furniture, fixtures and equipment. The second floor via its own entrance is a two bedroom, one-bathroom apartment. The apartment benefits from having its own front and rear entry with stairs leading down to the back parking area. The property is situated on a high traffic road with excellent visibility. Average Daily Traffic Volume is approximately 17,500 vehicles per day. The property features ample parking (approx. 7 vehicles) in the back via a driveway and there is additional parking available on the street. This property located in a desirable BA Zone also has the opportunity for conversion to another commercial use and is suitable for many businesses to utilize the existing footprint or the site is ideal for redevelopment. The property is being sold as-is, where-is and is subject to probate.
Details
| MLS# | 24040284 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1920 |
| Days On Site | 29 |
| Listing Provided By | The Cordido Group, LLC | Ricardo Cordido |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 2,756 |
| Basement | Y |
| Units | 2 |
| Zoning | BA |
| Acreage | 0.16 |
Market Activity 06511
MLS Number: 24040284Request a showing
Request a showing
Contact
Learn More About This Property
| State | CT |
|---|---|
| County | New Haven |
| City | New Haven |
| Zip Code | 06511 |
| Area | New Haven |
| Listing VS Median (in 06511) | |
Price: $415,000 low | high Med: $255,000 SqFt: 2,756 low | high Med: 1,536 $ / SqFt: $151 low | high Med: $166 On Site: 29 low | high Med: 65.000000 | |