AUCTION: Paier College of Art, Hamden, CT

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Starting bid: $300,000….

20 Gorham Avenue is a four-building property with over 27,637 square feet of mixed-use space across three lots in Hamden, Connecticut.

The former Paier College of Art campus includes classrooms, offices, studios, an auditorium, and a library, with T5 zoning, allowing higher-density mixed-use buildings that accommodate retail, offices, rowhouses, and apartments. The seller will provide an easement for additional parking from adjacent parcels, making the total surface parking 60 spaces. The three-story property is ideal for an owner/user or an investor looking for a redevelopment opportunity.

The former campus is close to higher education institutions such as Yale, Southern Connecticut State University, and Albertus Magnus College. The property is within walking distance of Putnam Plaza, Chimney Square, and The Farmington Canal Heritage Trail.

20 Gorham Ave is drivable to cultural resources like Yale’s Art Gallery, museums, libraries, and theatres, in under 15 minutes. Hamden is a verdant city north of New Haven. This charming city is in a lush, mountainous setting where outdoor recreation abounds. It has many shopping centers, office complexes, and well-populated residential areas.

20 Gorham Avenue sits in a growing market, making it an excellent redevelopment opportunity for investors.

Property tours are available by appointment only. Please contact the broker to schedule. Listed by Frank Amodio with Amodio & Co. Real Estate, CT # REB.0756053.