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53 Paul Street East Haven, CT 06513
1 Bath
3,720 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $262
MLS Listing ID 24210977
Full Baths 1
Year Built 1995
Annual Tax Amount $10,967
Lot Size 0.320 Acres
Property Description
Rare commercial and residential investment opportunity at 53 Paul St., East Haven, featuring a 4-bay commercial automotive service center alongside a separate single-family residence (63 Paul St, East Haven). currently occupied by tenants and generating approximately $21,300 in annual rental income. The property offers exceptional versatility and immediate income, making it ideal for an owner-operator seeking established garage space with built-in residential income or an investor looking for a multi-use asset. An optional business asset package is available for an additional $125,000, including mechanical shop equipment, business goodwill, and use of the established trade name/DBA, subject to mutually agreed terms. Seller financing may be available to a qualified buyer with a 45% deposit. Situated in a highly accessible corridor, the property is located just over 1 mile from Interstate 91 and just over 6 miles from Tweed New Haven Airport, providing excellent regional connectivity. For added peace of mind and an accelerated due diligence process, a Phase 1 Environmental Site Assessment has already been completed. Professional photos coming soon!
Location
State CT
County New Haven
Zoning CB-2
Interior
Heating Hot Air
Cooling None
Exterior
Utilities Available Electric, Gas
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Cory Tyler • Berkshire Hathaway NE Prop.
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