630 Washington Ave

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630 Washington Ave

North Haven, CT 11238-3802
Asking Price
$2.00M
Asset Type
Retail
Class
Class B

What's Special

630 Washington Avenue is situated in a high-traffic retail corridor in North Haven, Connecticut. The property is located along Route 5, a primary north-south artery characterized by a mix of national retailers, local businesses, and professional services. Nearby amenities include various dining options, grocery stores, and major shopping centers. The location offers efficient regional connectivity with immediate access to Interstate 91 and the Route 15 Merritt Parkway, facilitating transit between New Haven and Hartford. The site is suited for retail operations that benefit from consistent vehicular visibility and regional accessibility. Ideal use cases include specialty brand showrooms, quick-service restaurants, or boutique retail storefronts. The location typically attracts established corporate tenants or regional service providers looking to capitalize on the area's steady consumer base and the high volume of daily commuters traveling through the Route 5 commercial district.

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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