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    1946-1948 Chapel St New Haven, CT 06515

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    For Sale
    $499,000

    Mixed-use building in prime Westville location near Yale Bowl.

    Property size:
    3,143 SF
    Lot size:
    0.15 Acres

    Property Features for 1946-1948 Chapel St

    General Information

    Size
    3,143 SF
    Lot size
    0.15 Acres

    Source: Coldwell Banker Realty - Orange Agent Tom Cavaliere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westville Mixed-Use Building For Sale

    This mixed-use building is located in Westville, adjacent to Yale Bowl, Yale Athletic Fields, Coxe Cage, and Cullman-Heyman Tennis Center. The street-level office space, formerly a law firm, offers 2,022 square feet with visibility and versatility for professional or business use. The second floor features a 1,115 square foot apartment with 3-bedrooms and 1-bathroom, suitable for owner-occupancy or investment. The property has vinyl siding and is in well-maintained condition. The property is sold with a tenant in place.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9633996
    Latitude
    41.3152758

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in prime Westville location near Yale Bowl.
    Where is this mixed-use property located?
    The property is located at 1946-1948 Chapel St New Haven, CT.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Prime Westville location adjacent to Yale Bowl and Yale Athletic Fields.; - Mixed-use building offering both commercial and residential income potential.; - **2,022 sq. ft. street-level office space suitable for various professional uses.**
    (203) 907-7800
    Request Owner's contact information
    1946-1948 Chapel St New Haven, CT 06515
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1946-1948 Chapel St New Haven, CT 06515
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