Office Building with On-Site
For Sale
$1,100,000
1294 Chapel Street, New Haven, CT 06511
COMMERCIAL - New Haven, CT
Property Size6,950 SF
Lot Size0.27 Acres
Price / SF$158.27
Days on Market46
Property Features for 1294 Chapel Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BA
Bathrooms
5
Full bathrooms
1
Half bathrooms
4
Rooms
Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2
Parking
23
Interior features
Employee Lounge,Window Display
Lot features
Level Lot
Directions
From Whalley Ave, make a right turn onto Dwight St, passing 3 stop lights to take a right onto Chapel St.
Standard status
Active
Size
6,950 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
28790
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Flooring type
Carpet - Full, Concrete
Listing Agency:
Outreach Realty Servicing
(203) 498-2031
Listed By:
Roberta Hoskie
(203) 589-8949
Added: Jun 27
Changed: Aug 4
Last Checked: Aug 11 at 11:06PM
MLS# 24182148
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Investment Insights
Based on property information with market context.
An opportunity to acquire a commercial office building of approximately 6,950 SF with an additional 3,564 SF basement on a 0.27-acre site. The property is currently occupied by the GNHBPA as a shared office HUB, with interior features including an employee lounge and window display. The building has concrete and carpet flooring, hot-water heating, and central air.
The property includes 23 on-site parking spaces. Zoning is BA. There have been previous plans and zoning approvals contemplated to expand the existing two-story building by adding two additional floors, creating a four-story mixed-use development with up to 7 residential apartments while maintaining commercial space on the first floor.
For an owner-operator or investor, the asset can be positioned as a commercial office use today or evaluated for mixed-use redevelopment where residential development is contemplated in prior planning.
The property includes 23 on-site parking spaces. Zoning is BA. There have been previous plans and zoning approvals contemplated to expand the existing two-story building by adding two additional floors, creating a four-story mixed-use development with up to 7 residential apartments while maintaining commercial space on the first floor.
For an owner-operator or investor, the asset can be positioned as a commercial office use today or evaluated for mixed-use redevelopment where residential development is contemplated in prior planning.
Key Highlights
- 0.27‑acre office site zoned BA
- Approximately 6,950 SF office space plus 3,564 SF basement
- 23 on‑site parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,272
Businesses Nearby
Explore this area
Business Placement
Demographics for 06511, CT
55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
Median Home Value
Market
Vacancy Rate% for Office in New Haven, CT
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with central air and hot-water heating on 0.27 acres, zoned BA.
Where is this office building located?
The property is located at 1294 Chapel Street New Haven, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 0.27‑acre office site zoned BA; Approximately 6,950 SF office space plus 3,564 SF basement; 23 on‑site parking spaces
