30
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$1,100,000
Est. payment /mo
5 Baths
6,950 SqFt
Active
1294 Chapel Street New Haven, CT 06511
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,950 sqft
Price per Sqft $158
MLS Listing ID 24182148
Full Baths 1
Half Baths 4
Year Built 1940
Annual Tax Amount $28,199
Lot Size 0.270 Acres
Property 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.
Location
State CT
County New Haven
Zoning BA
Interior
Interior Features Employee Lounge, Window Display
Heating Hot Air, Hot Water
Cooling Central Air
Flooring Concrete, Wall-to-Wall Carpet
Exterior
Parking Features Paved, Parking Lot
Utilities Available Gas
Roof Type Flat,Other
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Roberta Hoskie • Outreach Realty Servicing
NEARBY SCHOOL & BUSINESS
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