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340 Front Ave 5,796 SF 100% Leased Industrial Building West Haven, CT 06516 $1,900,000 ($327.81/SF) 7.50% Cap Rate
Executive Summary
Excellent Development Opportunity in West Haven! Situated on 3.01 acres, this property offers a 5,500 SF warehouse/office with an approved site plan for industrial, warehouse, or flex use, plus APPROVED for two additional high-bay buildings (12,000 SF and 10,800 SF). A conceptual plan also allows for a 17-unit self-storage facility and covered RV storage for 30+ vehicles. Seller can build to suit. ALSO OFFERING LEASED SPACE AT $17/SF modified gross. Just one block from the University of New Haven and close to I-95, the West Haven Train Station, Yale West Campus, and the Port of New Haven, the site provides front and rear access, excellent visibility, and strong investment potential in a growing commercial corridor.
Property Facts
| Price | $1,900,000 | Lot Size | 2.90 AC |
| Price Per SF | $327.81 | Rentable Building Area | 5,796 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 1996 |
| Property Type | Industrial | Clear Ceiling Height | 22’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 4 |
| Building Class | C | ||
| Zoning | IPD | ||
| Price | $1,900,000 |
| Price Per SF | $327.81 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.90 AC |
| Rentable Building Area | 5,796 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | IPD |
Amenities
- Fenced Lot
Utilities
- Lighting
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- LGE Repair LLC
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| LGE Repair LLC | Construction | - | - | - |
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Property Taxes
| Parcel Number | WHAV-000060-000202 | Improvements Assessment | $243,180 |
| Land Assessment | $115,430 | Total Assessment | $358,610 |
Property Taxes
Parcel Number
WHAV-000060-000202
Land Assessment
$115,430
Improvements Assessment
$243,180
Total Assessment
$358,610
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340 Front Ave
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