128 SALTONSTALL PKWY, EAST HAVEN, CT 06512-2425

Alpha Capital Realty is pleased to present 128 Saltonstall Parkway, a ±1,897 SF freestanding medical/office building positioned on one of East Haven's most visible commercial corners. Situated on ±0.39 acres at the hard-signalized intersection of Route 1 (Saltonstall Parkway) and Route 142 (Hemingway Avenue), the property benefits from approximately 18,400 vehicles per day and direct frontage on a primary regional corridor.

Currently delivered vacant, the building offers immediate occupancy for an owner-user, professional office, or medical practice. The flexible 1.5-story layout is supported by a full basement for additional storage, and recent capital improvements — including a new 3-ton A/C compressor (2024) and a new roof (2016) — minimize near-term capital needs. The property is served by city water and sewer and natural gas, with ample off-street parking on site.

Location is the asset's defining strength. The building sits minutes from I-95, Downtown New Haven, and Yale–New Haven Hospital, with Union Station (Amtrak and Metro-North) approximately 10–15 minutes away and Tweed–New Haven Airport roughly 10 minutes out. The surrounding trade area is anchored by retail corridors, restaurants, and service-based businesses, and supported by more than 183,000 residents within five miles and a median household income of $86,498.

Beyond its immediate use as a turnkey office or medical facility, 128 Saltonstall presents meaningful long-term upside. The prominent corner location and strong traffic exposure support potential redevelopment or residential/mixed-use conversion, subject to zoning approvals. Offered for sale at $525,000 or for lease at $3,200/month gross (tenant responsible for utilities and interior maintenance), the property delivers rare flexibility for both investors and owner-users seeking a well-positioned asset in a stable, commute-friendly shoreline market.