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$3,950,000
12 Days On Site

430 Forbes Avenue
New Haven, CT 06512

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
2,600
SqFt
$1,519
/SqFt
1982
Built
County:
New Haven
Listing courtesy of Lawrence Madow of Calcagni Real Estate

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430 Forbes Avenue430 Forbes Avenue
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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.

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Listing Snapshot
Price 
$3,950,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.35 Acres
Year Built 
1982
MLS® Number 
24113698
Status 
Active
Property Tax 
$19,358
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.35
Foundation 
Slab
Security 
Security System
Sewer 
Public Sewer
SqFt Total 
2600
Water Source 
Public
Zoning 
BA
Interior Features
Cooling 
Central Air
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner Lot
Road Frontage 
State Road
Listing courtesy of Lawrence Madow of Calcagni Real Estate



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 2025 SmartMLS, Inc.
Last checked: 2025-08-03 08:45 PM UTC.

Neighborhood & Commute
Source: Walkscore
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