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For Auction

Lender Sale I Woodlawn Shopping Center I West Haven, CT

841-869 Jones Hill Rd,
West Haven, CT 06516
Represented by
Houlihan-Parnes Properties

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Multifamily
Additional Types
$180,731
NOI
1950
Year Built
1
Building Count
1.07 Acres
Land Area
4 Units
Unit Count
No
Anchor
31,150 SF
Property Size

Investment Highlights

Two Distinct Income Streams
10 retail stores and 4 apartments together generate $180,731 in NOI.
215 Feet of Jones Hill Rd Frontage
Building spans a full city block along Route 162 with strong visibility.
Separate Platt Ave Parking Parcel
A 20,054 SF lot provides dedicated off-site parking for tenants and customers.
Minutes From I-95 and Rail Transit
Site sits 1.5 miles from I-95 Exit 42 and near Metro-North commuter rail.
Diverse, Established Tenant Mix
Ten retail stores include a bowling alley, barber, and restaurant along Platt Ave.
Newly Paved Parking Lot
Recent paving reduces near-term capital needs for the ownership group.

Offering Summary

RealINSIGHT Marketplace is pleased to present 841-869 Jones Hill Rd (Route 162), also known as 236-240 & 239 Platt Ave, West Haven, CT 06516, a 31,150-square-foot, two-story neighborhood shopping center with an adjacent parking parcel. Built in 1950 on a 1.07-acre lot with 215 feet of frontage along Jones Hill Rd, the property is zoned NB and combines ten retail stores on the upper level with four one-bedroom apartments, plus a bowling alley, barber, and restaurant along the lower Platt Ave level. A separate 20,054-square-foot lot on Platt Ave provides dedicated parking. In-place income totals $327,960 across retail rent, apartment rent, and CAM reimbursements, producing net operating income of $180,731 after estimated 2025 expenses of $131,231. The parking lot has been newly paved. The asset sits 1.5 miles from I-95 Exit 42 and near the West Haven Metro-North Station, offering convenient regional access alongside its multi-tenant retail and residential income base.

Due Diligence

Location

Located at 841-869 Jones Hill Rd (Route 162) in West Haven, CT, with frontage on both Jones Hill Rd and Platt Ave, the property sits 1.5 miles from I-95 Exit 42 and near the West Haven Metro-North Station. The surrounding area includes West Haven Shore amenities, the University of New Haven, the VA Connecticut medical campus, and Yale, supporting steady local retail and rental demand.

1.5 Mi
Distance to I-95 Exit 42
215 Ft
Frontage on Jones Hill Rd

Transaction Managers

MA
Marketplace Administrator
Marketplace

Platform Fee

Buyer pays platform fee at closing.

5% or $25,000 minimum

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

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Auction Opens In
45d 19h 15m 53s
$750,000
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes

Investment Sales Brokers

JH
Jeremiah Houlihan
Houlihan-Parnes Properties
Ian Grusd, CCIM SIOR
Marcus & Millichap
JK
John Krueger
Marcus & Millichap
CT License: REB.0752012

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.