2340 Whitney AveHamden, CT 06518

This exceptional commercial property at 2340 Whitney Avenue in Hamden, CT, presents a compelling investment opportunity. The 11,520 square foot, two-story building sits on a 0.36-acre lot and boasts a prime location in a high-traffic area. Its proximity to Hamden Town Hall, the Police and Fire Departments, Route 15, Yale University, Yale Hospital, UNH, and SCSU ensures excellent visibility and accessibility. The property is zoned T5, allowing for significant development potential, with the possibility of constructing a mixed-use building up to seven stories high, according to the Hamden Zoning Department. The existing building features a well-defined floor plan for seven second-floor apartments, and an additional parking space map is available. A significant advantage is the inclusion of a large, approximately 0.5-acre, additional parking lot behind the building, addressing potential parking concerns for any future development or current use. This property offers a rare blend of immediate income potential and substantial long-term growth prospects in a highly desirable location. The asking price is $1,390,000.