Former Citizens Bank
Spaces
Retail | Vacant Bank | Single tenant
Building description
Former bank building prominently located in the heart of Hamden's business corridor, offering strong visibility, character, and branding potential for retail, office, medical, educational, or service-oriented users. The property is ideally positioned just 10 minutes from Downtown New Haven and Yale University, providing access to one of Connecticut's strongest employment, healthcare, and educational centers.
Located within blocks of Interstates 91 and 95, as well as the Wilbur Cross and Merritt Parkways, the property offers exceptional regional accessibility throughout the region. Positioned along heavily traveled Dixwell Avenue with approximately 19,268 vehicles passing the property daily, the building provides excellent exposure to local and commuter traffic.
The property currently features approximately 3,180 SF with the ability to expand up to approximately 5,045 SF, including the potential for a rear building addition (subject to approvals). Equipped with a two-lane drive-thru and ATM lane, the building is well-suited for banking, medical, restaurant, pharmacy, or service retail users. The large 1.13-acre site provides ample parking and site functionality with flexibility for a variety of owner-user, investment, or redevelopment strategies.
Favorable T4 zoning allows for a wide range of commercial uses and future redevelopment opportunities. The property is adjacent to 2600 Dixwell Avenue, creating potential for shared parking, enhanced access, or a larger combined redevelopment project. Located near major regional employers, national and regional banks, healthcare providers, and established retail corridors, the property is supported by more than 13,800 residents within a 1-mile radius and over 60,000 residents within a 3-mile radius, with average household income exceeding $109,000 within a 1-mile radius.
Building highlights
Former bank building prominently located in the heart of Hamden's business corridor, offering strong visibility, character, and branding potential for retail, office, medical, educational, or service-oriented users., Prime New Haven Area Location - Just 10 minutes from Downtown New Haven and Yale University, providing access to one of Connecticut's strongest employment, healthcare, and educational centers., Exceptional Regional Accessibility - Located within blocks of Interstates 91 and 95, as well as the Wilbur Cross and Merritt Parkways, providing convenient access throughout the region., Strong Traffic Counts & Visibility - Positioned along heavily traveled Dixwell Avenue with approximately 19,268 vehicles passing the property daily and excellent exposure to local and commuter traffic., Building Expansion Potential - The property currently features approximately 3,180 SF with the ability to expand up to approximately 5,045 SF, including the potential for a rear building addition (subject to approvals)., Drive-Thru & Existing Infrastructure - Equipped with a two-lane drive-thru and ATM lane, making it well-suited for banking, medical, restaurant, pharmacy, or service retail users., Large 1.13-Acre Site - Ample parking and site functionality provide flexibility for a variety of owner-user, investment, or redevelopment strategies., T4 Zoning Flexibility - Favorable zoning allows for a wide range of commercial uses and future redevelopment opportunities., Assemblage Opportunity - Adjacent to 2600 Dixwell Avenue, creating potential for shared parking, enhanced access, or a larger combined redevelopment project., Surrounded by Major Employers & Financial Institutions - Located near major regional employers, national and regional banks, healthcare providers, and established retail corridors., Dense Population Base - Supported by more than 13,800 residents within a 1-mile radius and over 60,000 residents within a 3-mile radius., Affluent Demographics - Average household income exceeds $109,000 within a 1-mile radius, supporting strong consumer spending power., Potential Tax Savings - Property taxes are currently under appeal, which may result in lower future operating expenses., Strategic Hartford MSA Location - Located within the greater Hartford-New Haven market, one of the Northeast's most established economic and population centers.
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