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1695 State St - 1695 State 1,940 SF Specialty Building Offered at $399,000 in Hamden, CT 06517
INVESTMENT HIGHLIGHTS
- 15,100 Average Daily Traffic
EXECUTIVE SUMMARY
Opportunity Knocks! Fully renovated mixed-use building in a prime, high-visibility location on Route 5..... 15,100 Average Daily Traffic. Completely gutted, rebuilt, and expanded in 2021, this property offers a turnkey restaurant space on the main level and a modern 2-bedroom apartment upstairs-perfect to live above your business or rent for additional income. Upgrades include 400 AMP electrical service, new plumbing, siding, windows, HVAC, drainage system, and a newly paved parking lot. The full basement provides ample storage. With plenty of on-site parking and outstanding exposure, this property is an ideal investment or owner-occupied opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$45,000
|
$23.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$45,000
|
$23.20
|
| Taxes |
$11,487
|
$5.92
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,487
|
$5.92
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $23.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $23.20 |
| Taxes | |
|---|---|
| Annual | $11,487 |
| Annual Per SF | $5.92 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,487 |
| Annual Per SF | $5.92 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $399,000 | Lot Size | 0.17 AC |
| Price Per SF | $205.67 | Building Size | 1,940 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1900/2021 |
| Zoning | T4 Mixed use - Zone T4 Mixed use | ||
| Price | $399,000 |
| Price Per SF | $205.67 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Lot Size | 0.17 AC |
| Building Size | 1,940 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2021 |
| Zoning | T4 Mixed use - Zone T4 Mixed use |
AMENITIES
- Air Conditioning
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | HAMD-002030-000003 | Total Assessment | $221,410 (2025) |
| Land Assessment | $37,170 (2025) | Annual Taxes | $11,487 ($5.92/SF) |
| Improvements Assessment | $184,240 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
HAMD-002030-000003
Land Assessment
$37,170 (2025)
Improvements Assessment
$184,240 (2025)
Total Assessment
$221,410 (2025)
Annual Taxes
$11,487 ($5.92/SF)
Tax Year
2024
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1695 State St - 1695 State
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