New Listing - 12/03/2024

$899,000

Est. Mortgage $4,428/mo *

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960 Dixwell Avenue, Hamden, (Centerville), CT, 06514

960 Dixwell Avenue, Hamden, (Centerville), CT, 06514
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0 beds

1925

4,328 sqft

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.

Status:

Active

Town:

Hamden

Type:

Commercial

Units:

3

Zoning:

T4

Frontage:

State Road

Garage:

Off Street Parking

Heating:

Hot Air

Cooling:

Wall Unit

Parking:

4-car

Acreage:

0.15

Est. Taxes:

$12,562

Assessment

$225,890

Current Use

Mixed Use - 3 units (Restaurant/Retail/Storage-warehouse-office)

Utilities

Electric,Gas,Telephone,Cable

Lot Description:

Corner Lot

Days on Market:

0

MLS #:

24062587

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Konstantinos Milas, Milas Realty Advisors Email: buyandsellwithmilas@gmail.com