1362 State Street
New Haven, Connecticut

Description:

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.

Listing Courtesy of Coldwell Banker Realty