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🏢 Just listed — Storefront Retail for sale in North Haven, CT.

📍 630 Washington Ave, North Haven, CT
🏷  Storefront Retail · For Sale
💰 $2.00M

Retail | 9,552 SqFt

<ul><li>6,192 + SF RETAIL SPACE</li><li>20 ROOM MOTEL - 3,360 SF</li><li>TRAFFIC COUNT: 14,700 CPD</li><li>1.38 ACRES OF LEVEL LAND ON NORTH HAVEN'S AUTOMOBILE ROW</li><li>BROAD ZONING PERMITS A VARIETY OF USES.</li><li>EXISTING MOTEL AND RETAIL BUILDIN

Full financials, photos, and broker contact:
https://commrty.com/property/connecticut/north-haven/630-washington-ave-2602407-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=630-washington-ave-2602407

#NorthHaven #Retail #CommercialRealEstate #CRE #Investment

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Home/CT/North Haven

630 Washington Ave

North Haven, CT 11238-3802

Asking Price

$2.00M

Asset Type

Storefront Retail

Class

Class B

What's Special

Retail | 9,552 SqFt <ul><li>6,192 + SF RETAIL SPACE</li><li>20 ROOM MOTEL - 3,360 SF</li><li>TRAFFIC COUNT: 14,700 CPD</li><li>1.38 ACRES OF LEVEL LAND ON NORTH HAVEN'S AUTOMOBILE ROW</li><li>BROAD ZONING PERMITS A VARIETY OF USES.</li><li>EXISTING MOTEL AND RETAIL BUILDINGS OFFER CURRENT INCOME WHILE PRESENTING FUTURE DEVELOPMENT OPPORTUNITIES</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

4.00%

DSCR

0.67

Underwater

Cash-on-Cash

-6.45%

Monthly Payment

$9,889.961

Annual Cash Flow

$-38,679.536

Location & Travel Times

Similar Properties Nearby

📍

$2.00M

Class B

630 Washington Ave, North Haven, CT 11238-3802

Listed by Owner · For Sale