430 Forbes Avenue, New Haven, CT 06512
$600,000
$695,000 13.7%
Est. payment /mo
2,600 SqFt

UPDATED:

Key Details

Sold Price $600,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $230

MLS Listing ID 24113698

Sold Date 06/11/26

Year Built 1982

Annual Tax Amount $19,358

Lot Size 0.350 Acres

Property Description

Positioned on a prominent corner lot, this freestanding commercial building is leased to Citizens Bank, a long-term tenant. The property generates approximately $68,000 in gross annual income and it is escalating to $70000 in June 2026, with minimal operating expenses, offering a strong return and reliable cash flow.

Location

State CT

County New Haven

Zoning BA

Interior

Interior Features Security System

Heating Hot Air

Cooling Central Air

Exterior

Utilities Available Electric, Gas

Roof Type Flat

Building

Lot Description Corner Lot

Foundation Slab

Sewer Public Sewer Connected

Water Public Water Connected


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Listed by Lawrence Madow • Calcagni Real Estate
Bought with Carl Decarli • Coldwell Banker Realty

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Geraldine McKeon

Geraldine McKeon

+1(203) 901-2216

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