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430 Forbes Avenue

New Haven, CT 06512
  • $695,000
  • STATUS: Active Under Contract
  • ON SITE: 302 Days
  • MLS #: 24113698
Under Contract
UPDATED: 177 min ago
$695,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $267
    $/SQFT
Type:
Commercial
Built:
1982
County:
Area:

School Ratings & Info

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.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-05-21T00:10:14.16.
www.timdentteam.com/homes/166152657
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430 Forbes Avenue New Haven, CT 06512

  • Price: $695,000
  • Status: Active Under Contract
  • On Site: 302 Days
  • Updated: 177 min ago
  • MLS #: 24113698
0
Beds
0
Baths
0
½ Baths
0.35
Acres
2,600
SQFT
$267
$/SQFT
1982
Built
County:
New Haven
Area:
New Haven
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.
Exterior Features

Lot Description Corner Lot Road Frontage Description State Road Roof Information Flat

Interior Features

Cooling System Central Air Heat Type Hot Air Interior Features Security System

Property Features

Agent Owner YN No Bank Owned Property No Business Included YN No Foundation Type Slab Gross Annual Expense 0 Gross Annual Income 68000 Heat Fuel Type Natural Gas Home Owners Assocation No Location Urban Net Operating Income 68000 Number Of Tenants 1 Potential Short Sale No Present Use citizens bank Sewage System Public Sewer Connected Tax Year July 2025-June 2026 Total Number Of Units 1 Under Agreement Yn No Utilities Available ElectricGas Water Source Public Water Connected Zoning BA

Listing information © 2026 Smart MLS
Listing provided courtesy of Lawrence Madow of Calcagni Real Estate: (203) 265-1821.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-05-21T00:10:14.16.
 
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Tim Dent Team | Coldwell Banker Realty
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