2795 Whitney Ave - Office FOR SALE


Hamden, CT 06518
$836,000 USD
860-638-9748
2795 Whitney Ave, Hamden, CT for Sale
$836,000 USD
Office - FOR SALE
1/15
null | 9.73% Cap Rate

2795 Whitney Ave
Hamden, CT 06518


HIGHLIGHTS

  • Highly Visible and Accessible Location
  • Bright New Offices with Natural Light
  • Modern Updates and Amenities
  • Excellent Cash Flow on Day 1
  • Fully Renovated in 2022 - Extensive Capital Expenditures
  • Expanded Tenant Base Through Special Municipal Approval

OVERVIEW

This modern, fully renovated office building features 21 private, individual office suites complemented by shared kitchenettes, a spacious breakroom, and dedicated conference rooms. Ideal for both investors seeking stable income and owner-occupants looking for a high-quality, move-in-ready facility, this property offers exceptional flexibility and long-term value. The building has undergone extensive upgrades, including a new boiler, central air conditioning, LED lighting, updated flooring and drywall, renovated bathrooms, and new fixtures and countertops throughout the kitchenettes and common areas. Additional improvements include USB-compatible outlets, soundproof insulation, upgraded plumbing and electrical systems, new windows and roof, enhanced ingress/egress, a comprehensive security system with secure tenant access, and 27 on-site parking spaces. The asset offers a strong in-place cap rate of 9.7% with additional rent upside potential. Notably, the City of Hamden has granted Special Municipal Approval permitting tenancy for businesses requiring on-site client visits—expanding the pool of eligible tenants. Nine offices are equipped with sinks, making the property especially attractive to medical, wellness, and service-oriented users. With its extensive upgrades, flexible tenant appeal, and suitability for both investment and owner-user scenarios, this is a prime opportunity positioned for continued growth and sustained demand.

FOR SALE DETAILS

PRICE

$836,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

9.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1845

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

T-3

APN/PARCEL ID

HAMD-002831-000191

ASK ABOUT THIS PROPERTY

Sandy StricklingSky Realty GroupMore Info
860-638-9748

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Sandy StricklingSky Realty GroupMore Info
860-638-9748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.