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New Haven Business Center

2 Properties in New Haven, CT

Investment Highlights

  • The location is an ideal setting for tenants and visitors with convenient access to Science Park, Farmington Canal, and downtown amenities.
  • Rear building may be approveable for self-storage
  • Zoning: IH (Heavy Industrial) Land: 2 parcels, 2.16 acres (improved) and 2.86 acres.
  • Approximately 5 acres zoned Heavy Industrial
  • Property abuts Science Park at Yale, a large complex of offices, labs, apartments and retail
  • Ceiling Height: 12 feet clear Column Spacing: 20 feet on center Roof: Flat tar and gravel Spinklers: Wet system Taxes: $56,238

Executive Summary

Offered as a redevelopment project consisting of two multi-family buildings and a third with a possible use as self-storage. Total site is just under 5 acres.

Adjacent to Science Park and near the Yale University campus, 91 Shelton Avenue served until 2003 as the Metals Research Laboratory of Olin Corporation. As such it is equipped with a wide array of specialized features useful in a variety of Research and Development applications. The building is also well suited to conversion for use as multi-family. It is available for sale as a mixed-use redevelopment project consisting of rental apartments and, possibly, self-storage.

Property Facts

Sale Conditions Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 148,959 SF
Total Land Area 6.27 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
New Haven Business Center
89-91 Shelton Ave, New Haven, CT 06511
Flex 148,959 SF 1915 -
71 Shelton Ave, New Haven, CT 06511 Land 2.77 AC - -
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  • Listing ID: 9142209

  • Date on Market: 2017-03-27

  • Last Updated:

  • Address: New Haven Business Center, New Haven, CT

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