430 Forbes Avenue Active

New Haven,CT 06512

$ 3950000

- Bed

- Bath

2600 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $1,519

MLS Listing ID 24113698

Year Built 1982

Annual Tax Amount $19,358

Lot Size 0.350 Acres

Property Description

Positioned on a prominent corner lot, this freestanding commercial building is leased to Citizens Bank, a long-term tenant. The property generates approximately $65,000 in gross annual income with minimal operating expenses, offering a strong return and reliable cash flow. This asset is being sold as part of a two-property investment portfolio, which also includes 70 Washington Avenue, North Haven (MLS #24113655). The portfolio is being offered as a single transaction; the listed price reflects the total for both properties. This is a rare opportunity to acquire a fully leased, income-producing portfolio with established tenants and strong locations.

Location

State CT

County New Haven

Zoning BA

Interior

Interior Features Security System

Heating Hot Air

Cooling Central Air

Exterior

Utilities Available Electric,Gas

Roof Type Flat

Building

Lot Description Corner Lot

Foundation Slab

Sewer Public Sewer Connected

Water Public Water Connected

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