New Haven, CT 06511,1503 State Street

$415,000

Est. payment /mo

$415,000

Est.Price: ?

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1503 State Street New Haven, CT 06511

3 Baths

2,756 SqFt

SOLD DATE : 11/19/2024

Key Details

Sold Price $415,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,756 sqft

Price per Sqft $150

MLS Listing ID 24040284

Sold Date 11/19/24

Full Baths 3

Year Built 1920

Annual Tax Amount $6,511

Lot Size 6,969 Sqft

Property Description

Unique opportunity to acquire a mixed-use property fully available and ready to be either owner occupied or leased out for instant value-add returns. This turnkey dual-unit building has a well-established cafe/ bar on the first floor with approximately 50 seats. This commercial space includes all existing furniture, fixtures and equipment. The second floor via its own entrance is a two bedroom, one-bathroom apartment. The apartment benefits from having its own front and rear entry with stairs leading down to the back parking area. The property is situated on a high traffic road with excellent visibility. Average Daily Traffic Volume is approximately 17,500 vehicles per day. The property features ample parking (approx. 7 vehicles) in the back via a driveway and there is additional parking available on the street. This property located in a desirable BA Zone also has the opportunity for conversion to another commercial use and is suitable for many businesses to utilize the existing footprint or the site is ideal for redevelopment. The property is being sold as-is, where-is and is subject to probate.

Location

State CT

County New Haven

Zoning BA

Interior

Heating Hot Air

Cooling Central Air

Exterior

Exterior Feature Sidewalk, Gutters, Lighting, Door Sign

Garage Paved, On Street Parking, Off Street Parking

Utilities Available Electric, Gas

Roof Type Asphalt Shingle,Flat

Building

Lot Description Level Lot

Foundation Brick, Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Read Less

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Listed by Ricardo Cordido • The Cordido Group, LLC
Bought with Unrepresent Buyer • Unrepresented Buyer

Emilio DiSpirito

License Partner | Private Office Advisor | License ID: S35582

+1(401) 359-2338

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