1294 Chapel St, New Haven, CT

Name: 1294 Chapel St, For Rent in New Haven - Zoocasa
Brand: Outreach Realty Servicing
SKU: 24182148
Price: 1100000 USD

House

For Rent

Listed price in listed location currency (USD).

$1,100,000

0523

MLS® 24182148

Overview

Key Facts

Type

Levels Commercial Lease

Size -

Garage

Date Available

Days Active 0

Lot Size 0.27 Acres

Approx. Age 1940

MLS® Number 24182148

Property Address: 1294 Chapel St, New Haven, CT, 06511-4515

Average square foot calculated using Size range provided by listing agent.

Description

This is your opportunity to acquire a commercial office building with 23 Parking Spaces with potential to develop 17 additional Residential Units, in New Haven's desirable Dwight neighborhood. Currently occupied by the GNHBPA as a Shared Office HUB, the property is ideal for professional offices, medical, nonprofit, or educational users, while offering significant long-term upside with residential development The building features approximately 6, 950 SF of office space, an additional 3, 564 SF basement, 23 on-site parking spaces. Great value lies in its redevelopment potential. Previous plans and zoning approvals contemplated expanding the existing two-story building by adding two additional floors, creating a four-story mixed-use development with up to 17 residential apartments while maintaining commercial space on the first floor. As New Haven continues to experience strong demand for quality housing, this property presents a rare opportunity to unlock substantial additional value through redevelopment. Whether you choose to continue operating the property as a commercial asset or pursue a mixed-use redevelopment, this is a rare opportunity in one of New Haven's growing neighborhoods., Conducting your own independent due diligence. Opportunities to acquire an income-producing commercial property with the potential to add up to 17 residential units in one of New Haven's growing neighborhoods a rare opportunity.

MLS® Number24182148

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1940

Basement

DrivewayPaved, Parking Lot

Garage Spaces

HeatNatural Gas, Hot Air, Hot Water

A/CCentral Air

Extras

Map

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