824 Chapel StNew Haven, CT 06510

Property Details for 824 Chapel St

Year built

1900

Lot size

0.51 AC

Property size (Sq ft)

10,639 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional retail opportunity encompasses 2,762 square feet of prime commercial space at 824 Chapel Street in the heart of New Haven, Connecticut. Located in a high-traffic area experiencing significant development, this property offers excellent visibility and accessibility. The space is situated within a two-story building (10,639 total square feet) constructed in 1900, and is divisible to approximately 1,300 square feet, providing flexibility for various business needs. The property sits on a 0.51-acre lot and is zoned BD1. Its strategic location benefits from proximity to a new 162-unit student housing development (completion expected in 2024), the popular Elm City Market, and the 360 State high-rise with 500 residential units. Furthermore, its convenient location offers easy access to Yale University's campus, the New Haven Green, and Yale New Haven Hospital, ensuring a substantial customer base. The lease rate is $28.00 per square foot on a modified gross basis. This presents a unique chance to establish a thriving business in a vibrant and rapidly growing urban environment. The property is in New Haven County, CT, zip code 06510.

Location Insight

City

New Haven

County

New Haven

State

Connecticut

Latitude

41.3057

Longitude

-72.9248

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