$600,000
$695,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
430 Forbes Avenue New Haven, CT 06512
2,600 SqFt
Key Details
Sold Price $600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $230
MLS Listing ID 24113698
Sold Date 06/11/26
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 $68,000 in gross annual income and it is escalating to $70000 in June 2026, with minimal operating expenses, offering a strong return and reliable cash flow.
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
Read Less
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Bought with Carl Decarli • Coldwell Banker Realty