430 Forbes Avenue | New Haven N/A

$3,950,000 | 2,600 Sq. Ft.

Positioned on a prominent corner lot, this freestanding commercial building is leased to Citizens Bank, a long-term tenant. The property generates approximately $65,000 in gross annual income with minimal operating expenses, offering a strong return and reliable cash flow. This asset is being sold as part of a two-property investment portfolio, which also includes 70 Washington Avenue, North Haven (MLS #24113655). The portfolio is being offered as a single transaction; the listed price reflects the total for both properties. This is a rare opportunity to acquire a fully leased, income-producing portfolio with established tenants and strong locations. SmartMLS 24113698

Directions to property: Corner of Woodward Ave and Forbes Ave

MLS Listing ID: 
SmartMLS 24113698
Building Details
Details about the building on a property.
Year Built: 
1982
Living Area: 
2,600
Interior: 
Security System
Construction
Foundation Details: 
Slab
Roof: 
Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Air
Heating System Fuel: 
Natural Gas
Cooling System: 
Central Air
Water Source: 
Public Water Connected
Sewer: 
Public Sewer Connected
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.35
Waterfront: 
0
Public Record
Parcel Number: 
1237915
Annual Tax: 
$19,358.00
Property Zoning: 
BA
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
7/22/2025
Contract Details
Details about the listing contract.
Possession: 
negot
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Lawrence Madow
Listing Office Name: 
Calcagni Real Estate