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Renovated Retail Space on State
For Lease
$1,200/Mo

1386 State Street, New Haven, CT 06511

800 SF retail space with high traffic exposure.

Space SizeContact for details
Lot Size0.22 Acres
Days on Market541

Property Features for 1386 State Street

General Information

Standard status Active
Lot size 0.22 Acres
Property subtype Commercial

Amenities

Flat Roof
Hot Air Heating

Building Details

Year Built 1910
Listing Agency: Farnam Realty Group
Listed By: CHRIS MORDECAI
Source: Corcoran
Added: Mar 6, 2025 Changed: Aug 13 Last Checked: Aug 26 at 9:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Farnam Realty Group

Investment Insights

Based on property information with market context.

This is an 800 SF newly renovated retail space located on State Street in the East Rock neighborhood. The location offers significant exposure, with over 17,000 cars passing by each day. The property features central air conditioning.

Key Highlights

  • Newly renovated retail space.
  • High‑traffic location on State St (17k+ cars per day).
  • Located in East Rock.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Computer & Electronic Repair Dental Office Cafe & Coffee Shop Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
12,426 visits/mo 0.2 miles
7-Eleven Shops & Services
5,682 visits/mo 0.2 miles

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

Lease Benchmarks for New Haven, CT

$19.25 /SF/Yr
Avg Asking Price
$1–$34 /SF/Yr
Price Range
8,362 SF
Avg Space Size

This space is priced 7% below the average of $19.25 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 800 SF retail space with high traffic exposure.
Where is this retail space located?
The property is located at 1386 State Street New Haven, CT.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Newly renovated retail space.; High‑traffic location on State St (17k+ cars per day).; Located in East Rock.
More about this property
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