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29706357
29706359

2795 Whitney Ave, Hamden, CT 06518

SS
CT REB.0793642
Sky Realty Group
TE
CT CT 0812008
Sky Realty Group
Listed by Sky Realty Group
Unpriced
1419 days on market
Updated 28 days ago
Under Contract

2795 Whitney Ave Business Center

Details
Property Type Office
Sub Type Traditional Office
Square Footage 5,430
Units 21
Occupancy 90%
Tenancy Multi
Lease Type Gross
Broker Co-Op Yes
Class C
Year Built 1845
Year Renovated 2022
Buildings 1
Stories 3
Acreage 0.570
Zoning T3
Parking Spaces 27 spaces
Parking Per SqFt 4.97
Investment Type Stabilized
Ownership Fee Simple

20% ROI

Marketing description

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 11.0% 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.

Investment highlights

Listing Contacts

SS
CT REB.0793642
Sky Realty Group
TE
CT CT 0812008
Sky Realty Group
Listed by Sky Realty Group

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Annual Cash Flow
$85,046.00
$7,087.17/mo

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Additional Information

Name
Sandy Strickling
License
REB.0793642
Brokerage
Sky Realty Group NE, Inc
Brokerage Phone
860.638.9748
Title
Connecticut
Brokerage Address
68 South Main Street
Name
Tyler Egner
License
CT 0812008
Brokerage
Sky Realty Group NE Inc
Brokerage Phone
8606389748
Brokerage Address
68 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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