$1,200,000

About This Property

Welcome to The Meadowbrook Building, a four-story brick professional office building on Hamden's Dixwell Avenue corridor! Configured as four nearly identical floors of approximately 2,500 SF each, with a restroom and in-suite kitchen on every floor, with individual electric metering and HVAC. 1960's brick construction with a four-stop hydraulic elevator and a ~47-space parking lot. Building systems are in good shape, including replacement double-pane windows, rubber roof, heat pumps on each floor, and a newly installed monitored fire alarm. Currently 50% leased to two long-tenured tenants generating in-place income, with 1st & 4th floors vacant and ready for an incoming owner-occupant. Perfect for an owner-user: a mid-sized professional practice can take possession of one or both floors immediately and let the existing tenants offset a meaningful share of carrying costs. Both floors feature functional and adaptable layouts, and can be reshaped or subdivided to fit the needs of new ownership. A natural fit for law, accounting, financial advisory, insurance, architecture, or consulting practices, along with medical and behavioral health users supported by nearby Quinnipiac University and Yale New Haven Health. Tenants enjoy a quiet setting - Hamden Town Center Park borders three sides of the property - with easy access to I-91, I-95, and the Merritt Parkway. Don't miss the opportunity to own a well-built professional address with income in place!