Development Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30367817
Building Size (RSF): 6,716 SF
Gross Building Area: See Agent
Sale Price: $1,525,000
Unit Price: $227.07 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Former Chick's Drive-In
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/5/2019

Overview / Comments

Former Chick's Drive In - directly on West Haven Beach. The property consists on 2.51 acres of land - which includes #41 and #45 Morse Street which consists of mostly wetlands, .42 acres of the total land area is considered tidal wetlands and are not developable. The site also sits within a flood hazard area due to it's close proximity to Long island Sound. The former restaurant building is 5,528 sf of ground floor space plus 1,200 sf +/- of second floor office. The building is in need of major repairs, including roof and HVAC.

Additional Details

Nearest MSA: New Haven-Milford
County: New Haven
Tax ID/APN: 022-0145-0-0000
Zoning: SRR
Property Located Between: I-95 to Exit 42 to East on 1st Avenue which becomes Beach Street.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,927 92,109 229,711
Median Age: 39.51 36.43 35.94
Households: 6,181 34,774 89,221

Contact

Photograph of Listing Agent

Louis M. Proto

The Proto Group
CTCList Member
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