24 & 36 River St, New Haven, CT 06513

Property Description

24 & 36 River Street | New Haven - An outstanding opportunity to acquire two industrial/investment properties in New Haven, offering a combined 39,705 sq ft of building space on 3.61 acres with tons of garage bays, storage/offices space, 100 ft bulkhead/barge and 400 ft of water frontage. Both properties feature 3-phase electrical service, making them well suited for consideration by industrial operators, investors, and businesses seeking functional industrial space. 36 River Street was once was a trolly barn for the city of New Haven and the parcels are adjacent to Brewery Square on the corner of River and Ferry Streets. Possible for residential conversion also! Buyer to do their own due diligence. Part of the space is rented out for $15,000 a month. 400 ft of waterfront, 100 ft dock/barge (6 barges). Another section is rented out for $2,000/month- great for investors. Or maybe you're developer looking to develop housing in the area? The properties present an attractive opportunity for investors seeking industrial or possibly residential real estate with income-generating potential and long-term value appreciation, as well as owner-users looking to establish or expand their business operations. The combined offering provides a substantial industrial footprint with the flexibility to pursue a variety of ownership and investment strategies, subject to existing conditions, zoning, and permitted uses. Located in an opportunity zone with tax benefits