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Property Detail

Boston Post Road
855 Boston Post Road is ideally located on 11.50 acres, providing prime development and repurposing.
$8,500,000

Description

  • 855 Boston Post Road is ideally located on 11.50 acres, providing prime development and repurposing opportunities with superb visibility and access.
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  • Benefit from strong area demographics, a growing surrounding population, and proximity to New Haven, the University of New Haven, and Yale.
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  • 855 Boston Post Road has approvals for a 150-unit residential community and is also suited for retail development due to prime Route 1 frontage.
  • Investors and developers can use the site for continued industrial purposes and expand or repurpose it with flexible RB (Regional Business) zoning.
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  • Ideal for manufacturing, warehousing, or other uses.

Executive Summary

855 Boston Post Road presents a prime development and repurposing opportunity in West Haven, Connecticut. Situated on an expansive 11.50 acres along a major commercial corridor, this exceptional property offers incredible exposure and frontage to approximately 20,700 passing vehicles per day. Plus, flexible RB (Regional Business) zoning allows for further industrial development or gives investors and developers the potential to expand or repurpose the site.

Current approvals for the generous parking area and two outparcels include a residential development for 150 market-rate apartments with phase II potential that could bring up to 150 additional units to the site. Other possible uses include retail, quick-service restaurants, and more, capitalizing on excellent Boston Post Road exposure.

Perfect for manufacturing, warehousing, or other industrial uses, an existing 60,375-square-foot industrial facility is on the site and available for use. A current tenant is in place who will either vacate or transition to a month-to-month lease in mid-Q4 2024. The property conveniently has an additional Farwell Street entrance and can be converted to a self-storage facility if new ownership desires.

855 Boston Post Road is neighbored by Target, Kohl's, Harbor Freight Tools, the Orange Hill Country Club, and numerous retail and dining options along Route 1. The property benefits from strong area demographics, including proximity to the University of New Haven and Yale. Close Interstate 95 connectivity provides convenient access to nearby locales like Downtown New Haven and Milford. Whether looking to expand an industrial footprint as an owner/user or explore a mixed-use commercial development as an investor, 855 Boston Post Road presents a versatile and valuable opportunity.

Prime Development Site

Listing ID : 00759

SKU: 759

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Price History

DateEventPrice
December 10 2024Listed$8,500,000.00