277 State St
North Haven, CT 06473
Sellers Discretion; 1.18 ac; 35% Covg; 55 FtH · Land For Sale · 1.18 ac

Highlights • North Haven, CT is a suburb of the city of New Haven • Nearby use prevalence - Medical, general offices, restaurants, service commercial, residential, manufacturing and industrial uses • Opportunity Zone – The subject property does not appear to be in an opportunity zone. • Utilities – Water – Municipal water • Utilities – Sewer – Municipal sewer • Utilities – Electric – Publicly available • Utilities – Gas – – Publicly available • Historic Occupancies – 1970s-1980’s; European Auto Repair Garage; 1990’s Branded Consignment • Electric Infrastructure – Adequate for the existing building; Could use upgrades. • Heating Infrastructure – Adequate for the existing building; Could use upgrades. • 211.98+ of Frontage on State Street • Larger Abutters – North - Warehouse Distribution; Fleetpride Tractor Trailer Parts (National User) • Larger Abutters – East – Calare Development owned multi-tenant warehouse • Larger Abutters – South – Richard Cuomo owned multi-tenant warehouse • Larger Abutters – West – Office/Medical office building; Home repairs retailers; General office • The most significant developments of interest nearby are the Yale North Haven Medical complex just north of Route 40 and the regional retail cluster 1.5 miles southeast of the subject property Time Distance Relationships - Driving • 5 minutes the Route 10 commercial district • 5 minutes the Universal Drive regional retail district • 10 minutes to the downtown New Haven • 30 minutes to the downtown Hartford • 90 minutes to New York City • 90 Minutes to Boston City of North Haven: Population – 24,093 (2010); Area Square Miles – 21.1 sq. mi; 1,100 persons per square mile; Median Household Income - $65,703 City of New Haven: Population – 129,779 (2010); Area Square Miles – 20.1 sq. mi.; 6,500 persons per square mile; Median Household Income - $29,604 – Abutting city to the south County of New Haven: Population – 862,477 (2010); Area Square Miles – 862 sq. mi.; 1,000 persons per square mile; Median Household Income - $48,834 Description NAI Signature Group is pleased to present This 1.18-acre lot in North Haven, Connecticut. The land is likely to be best as a redevelopment however there is a 1978-built commercial garage on the property. Lease options are most likely retail, office, light auto uses, equipment sales or other. As a redevelopment and more likely, the use range is wide for new construction ranging from restaurant, retail, medical office, general office, office-warehouse, retail-warehouse, warehouse, storage, car wash and more. Select uses may require a variance or zoning change. The property is offered for sale, lease and ground lease. The property is located southeast of the Interstate 91 and Route 40 connector which links the New Haven metro to Hamden and Cheshire. The property is located just south of the Yale New Haven Medical Complex on Route 40 and is proximate to a series of medical tenancies. Surrounding development consists of large industrial buildings, medical offices and commercial uses just south of the Route 40 Connector to Hamden and Cheshire and just west of Interstate 91. The property consists of a 1.18-acre parcel located on the east side of State Street in North Haven, Connecticut. The property is just south of a newer Cumberland Farms and J Roos a full-service restaurant. The abutters to the north, east and south are all warehouse and distribution uses. Across the street to the east is a medical office building, a kitchen installer and a mixed-use finance, insurance and real estate complex. The area is a pass-through area for commuters to the regional retail node at Universal Drive and I-91, centered by Home Depot, Cinemark Theaters, Costco, Best Buy, a Target Store and more. The site consists of a 1.18 acres parcel with 211.98 feet of frontage and an average depth of 245 feet. The site has two curb-cuts on State Street and is located at the intersection of State Street and Homewood Avenue. The site is proximate to a full interchange with the Route 40 connector which links auto travel to Interstate 91 approximately 1 mile to the east. On-ramps and off-ramps to the Route 40 connector westbound are located on the north side of the highway and the on-ramps and off-ramps of the Route 40 connector eastbound are located on the south side of the highway. Uses for the property as an adaptive reuse are of a wide range. The historic use of the property was as a Brother's and Sisters Donation Center for a period of years. Prior to that, the land and building were utilized as an auto service facility mainly. The property is reported to be environmentally clean and available for use as is, adaptive reuse with renovation and/or expansion or full redevelopment. Full redevelopment of the property opens up the potential to a wide range of uses. The core uses permitted per zoning include: office, retail, restaurant or industrial building. Other permitted uses include fuel tank farm, car wash, auto sales and more. This property has an unusually wide range of potential uses. We welcome exploring the use potentials with you. The property is improved with an auto service building that can be utilized or razed. The property is available for sale, lease or ground lease. The property is available for adaptive re-use or more likely redevelopment. . Highest and Best Use Highest and Best Use is that use which provides the greatest return to the land after passing the tests of physically feasible, legally permitted, financially feasible and most productive or highest yielding. As this project is bifurcated into the core site and excess land, we will address the highest and best use uniquely for each. A user or tenant driven project is likely highest and best use.