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1242-1246 Whitney Ave
Hamden, CT 06517
Retail Property For Sale

Investment Highlights

  • Fully Occupied with excellent tenants
  • High traffic street
  • Off street parking
  • Well maintained building
  • Heavy foot traffic
  • Basement storage

Executive Summary

Located in the heart of the Whitneyville neighborhood, 1242 Whitney Avenue presents a rare opportunity to acquire a fully occupied, turnkey mixed use investment property with strong in place income. This well-maintained building features two established retail tenants on the ground floor and a fully leased residential apartment on the second floor. The building includes a full basement for ample storage and six paved off street parking spaces-which is a premium in this area. The building is in excellent condition; a new roof was installed in 2023, new AC, furnace and HW heater installed in Soup Girl unit. Strategically located, offering quick access to downtown New Haven. It is just minutes from Yale University, Quinnipiac University, major employment centers, and key transportation routes. The area's mix of local businesses, residential density, and strong community character further enhances the property's appeal.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,058 SF
Building Class
C
Year Built
1900
Price
$1,128,468 CAD
Price Per SF
$223.11 CAD
Cap Rate
7.71%
NOI
$86,974 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.65
Lot Size
0.18 AC
Zoning
CDD - T3.5 Commercial District
Parking
5 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
39’ on Whitney Ave

Amenities

  • Commuter Rail
  • Tenant Controlled HVAC
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
HAMD-002228-000254
Land Assessment
$203,217 CAD
Improvements Assessment
$278,469 CAD
Total Assessment
$481,686 CAD
  • Listing ID: 39902611

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 1242-1246 Whitney Ave, Hamden, CT 06517

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