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855 Boston Post Rd
West Haven, CT 06516
Land For Sale · 6.90 AC

INVESTMENT HIGHLIGHTS

  • Unappealable Approvals For 150-Unit Multifamily Development - 100% Market Rate
  • Less than 3/4 of a Mile from University of New Haven (UNH) | Potential Student Housing Execution
  • Signalized Site Access at Traffic Light with Excellent Visibility along Boston Post Road
  • Located in a Federal Opportunity Zone
  • High Visibility and Immediately Adjacent to Major Retailers and Dining

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Dorms
Total Lot Size 6.90 AC
Zoning RB - Regional Business

DESCRIPTION

THE NOLLETTI GROUP OF MARCUS & MILLICHAP is pleased to offer the opportunity to acquire and develop 855 Orange Avenue (Boston Post Road) in West Haven. Currently, there are unappealable approvals to construct 150 market rate apartments and 9,679 square feet of retail on approximately 6.90 acres (Parcel A). This approved multifamily community, within a Federal Opportunity Zone, will feature 91 one-bedrooms, 59 two-bedrooms, highly visible retail, modern amenities, a rooftop terrace, and some tuck-under parking. Located merely three quarters of a mile from University of New Haven, the site has outstanding visibility with frontage along Boston Post Road, known as Orange Avenue in this neighborhood of West Haven. Home to numerous national retailers, Orange Avenue provides immediate access to groceries (ShopRite), restaurants, and consumer staples such as Target, Walmart, and many more. 855 Orange is ideally positioned equidistant between world-class medical facilities. Yale New Haven Hospital’s West Campus is located 10 minutes to the west, the VA Connecticut Healthcare is to the property’s south, and Yale New Haven Hospital + Saint Raphael’s Campus with its brand new Neuroscience Center, employing nearly 15,000 staff, is located 10 minutes to the east.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WHAV-000052-000176
Land Assessment
$778,260
Improvements Assessment
$1,321,390
Total Assessment
$2,099,650
  • Listing ID: 31396338

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 855 Boston Post Rd, West Haven, CT 06516

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