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Restaurant Space with Full Kitchen
For Lease
$38 SF/Yr

39 High Street, New Haven, CT 06510

Commercial For Lease, New Haven, CT

Space SizeContact for details
Days on Market99

Property Features for 39 High Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning BD
Interior features Fire Suppression System
Directions Crown Street to High St
Standard status Active
Size 3,300 SF

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Central Air
Water source Public

Building Details

Year built 1989
Floors in Building 4
Flooring type Tile - Ceramic
Listing Agency: Houlihan Lawrence WD
Listed By: John Wareck
Added: Jun 29 Changed: Oct 4 Last Checked: Oct 5 at 1:06PM
MLS# 24187315

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,300-square-foot restaurant property includes a commercial kitchen with hood equipment, an Ansul fire-suppression system, and a four-story duct extending to the roof. Furniture and fixtures are also included, while the restaurant name and menu are excluded. Ceramic tile flooring, baseboard heating, central air, and a public water and sewer connection serve the space. The building was constructed in 1989 and is zoned BD.

The property is located at the heart of Yale University in New Haven, adjacent to museums and the Yale freshman campus. The space has supported restaurant operations for 30 years, providing an established setting for continued food-service use.

Key Highlights

  • 3,300 square feet of restaurant space
  • Commercial kitchen with hood, Ansul system, and furniture and fixtures
  • Four‑story duct extends from the kitchen to the roof

Property Analytics

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Current Use

olea Restaurant Cura Chimney & Masonry ... General Contractor

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Tech Support Center Pet Grooming Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 47% Shops & Services 38% Dining 15%
Stop & Shop Groceries
47,056 visits/mo 0.2 miles
Dunkin' Donuts Dining
14,722 visits/mo 0.2 miles
Splash Car Wash Express Shops & Services
9,262 visits/mo 0.3 miles
Shell Shops & Services
6,751 visits/mo 0.3 miles
Wells Fargo Shops & Services
6,489 visits/mo 0.2 miles

Demographics for 06510, CT

4,409
Population
2,953
Households
1.5
Avg Household Size
29
Median Age
82%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
14,697
Density / Sq Mi
$63,598
Median Household Income
$55,591
Median Earnings
$1,908
Median Rent
$495,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Haven, CT

$29 /SF/Yr
Avg Asking Price
$15–$38 /SF/Yr
Price Range
4,395 SF
Avg Space Size

This space is priced 31% above the average of $29 /SF/Yr.

Vacancy Rate% for Retail in New Haven, CT

8.5% 2020
7.6% 2021
6.9% 2022
8.4% 2023
9.2% 2024
9.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant premises with established kitchen infrastructure, ventilation, and fire-suppression systems in a university-centered setting.
Where is this conventional restaurant located?
The property is located at 39 High Street New Haven, CT.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: 3,300 square feet of restaurant space; Commercial kitchen with hood, Ansul system, and furniture and fixtures; Four‑story duct extends from the kitchen to the roof
More about this property
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