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1362 State St
New Haven, CT 06511
1362 State Street, New Haven CT · Retail Property For Sale


Investment Highlights
- Mixed Use Investment Opportunity
- High Traffic Visibility, 17,500 Average Daily Traffic Count
- Ground level retail, 2 3-BR Apartments 2 stories above
- Private Parking, 2 entrances/exits. Up to 15 cars
Executive Summary
Mixed-use investment opportunity offering income potential and exceptional visibility on a well-traveled state road. The property features approximately 1,401 square feet of ground-level retail space, complemented by an attached 900-square-foot storage area. Above the commercial space are two residential apartments located on the second and third floors. Each unit offers three bedrooms, one full bathroom, and the convenience of an in-unit washer and dryer. Both apartments are currently rented below market value with month-to-month leases. The property also includes its own generous on-site parking and benefits from outstanding exposure with an average daily traffic count of approximately 17,500 vehicles. Conveniently located just minutes from Interstate 91 and with easy access to downtown New Haven, this property offers an excellent opportunity for investors or owner-users seeking a well-located mixed-use asset with both commercial and residential income potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,741 SF
Year Built
1900
Price
$625,000
Price Per SF
$131.83
Percent Leased
33%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.54
Lot Size
0.20 AC
Zoning
BA - Zone: BA – Business A (General Business)
Purpose: To provide for a broad range of retail, office, service, and mixed commercial.
Frontage
108’ on State Street
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
Property Taxes
| Parcel Number | NHVN-000170-000476-001300 | Improvements Assessment | $196,700 |
| Land Assessment | $68,880 | Total Assessment | $265,580 |
Property Taxes
Parcel Number
NHVN-000170-000476-001300
Land Assessment
$68,880
Improvements Assessment
$196,700
Total Assessment
$265,580
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