960 Dixwell Avenue, Hamden, CT 06514 - Photo 1

1/1

$750,000

Sold
Closed
Commercial

1/1

Property Description

This commercial property offers 4,328 square feet of versatile space, ideal for retail or mixed-use purposes. 3 units, occupied by;1st unit is a popular neighborhood restaurant, check cashing services (in which both have been in business for decades), and storage/warehouse space as it is currently used or it can be utilized as office space as in the past or retail conversion. Separate utilities. Current Gross Monthly Income $7,185 with a 7.1% Cap Rate, Pro-Forma. This property is ideal for an investor who wants a solid return on their investment or for a future owner-operator. Possible room for expansion. The location is a diverse mix of national and local businesses which contributes to a vibrant commercial environment, attracting a steady flow of customers to the area. Hamden's commercial real estate market is poised for steady growth over the next decade, supported by its economic drivers and strategic location. Real Estate Only for Sale. Seller Financing Available. Located in a Designated Opportunity Zone.

Full Property Details

Full Property Details for 960 Dixwell Ave

General

Sold For: $750,000
Taxes: (July 2024-June 2025)
Status: Closed
Type: Commercial
Source: SMARTMLS
MLS ID: 24062587
Added to Site: 413 day(s) ago

Rooms

Bathrooms

Restrooms: 5

Parking

Uncovered Spaces: 4
Total Spaces: 4
Parking: Off Street Parking

Location

County: New Haven
Neighborhood: Centerville
Driving Directions: Corner of Dixwell and Pine St.

Community

Community Name: Centerville

Heating & Cooling

Cooling Type: Wall Unit
Heating Type: Hot Air, Gas In Street
Heating Fuel: Gas In Street

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected
Utility Description: Electric, Gas, Telephone, Cable

Structural Information

Roof: Flat, Rubber
Square Feet: 4,328
Sq. Ft. Source: Public Records
Current Bldg. Use: Mixed Use - 3 units (Restaurant/Retail/Storage-warehouse-office)
Year Built: 1925

Unit Information

# Tenants: 3

Lot Features

Lot Size (Acres): 0.15
Frontage: State Road
Frontage Feet: 35
Present Use: Mixed Use - 3 units (Restaurant/Retail/Storage-warehouse-office)
Zoning: T4
Lot Description: Corner Lot

Financial Considerations

Assessment Amount: $225,890
Tax Year: July 2024-June 2025

Disclosures and Reports

Documents Avail.: None
Property ID: 1128925

Listed by Milas Realty Advisors, Konstantinos Milas
Sold by Vanguard Private Client Grp, Natalie Zoef

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Listing agent

— 960 Dixwell Ave —

Konstantinos Milas

Milas Realty Advisors

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Schools

Schools serving 960 Dixwell Ave

School District:Hamden School District

Name	Grades	Distance
Hamden Middle School 2623 Dixwell Avenue, Hamden, CT 06518	7-8	3 mi
Hamden High School 2040 Dixwell Avenue, Hamden, CT 06514	9-12	2.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 960 Dixwell Ave

Date

Details

Price

Change

Source

3/10/2025

Sold

$750,000

-16.57%

MLS

12/03/2024

Listed

$899,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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960 Dixwell Avenue, Hamden, CT 06514 (MLS# 24062587) is a Commercial property that was sold at $750,000 on March 10, 2025. Want to learn more about 960 Dixwell Avenue? Do you have questions about finding other Commercial real estate for sale in Hamden? You can browse all Hamden real estate or contact a Coldwell Banker agent to request more information.

960 Dixwell Ave Hamden, CT 06514