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    15 Orange St, Unit 222 New Haven, CT 06510

    For Sale
    $1,200,000

    High-visibility retail property in a desirable, high-traffic New Haven location.

    Building Details

    Year built
    1910

    Source: Lamacchia Realty Agent Wilson Encarnacion

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

    Overview

    Prime Downtown Retail Investment Opportunity

    This commercial property presents an investment opportunity in a high-visibility, income-generating location in downtown New Haven. The well-maintained, turn-key retail space is situated minutes from Yale University, major highways, and a mix of restaurants and businesses. Currently operating as a successful Asian Market, the property offers potential for a variety of retail uses. It features ample parking, excellent street visibility, and easy accessibility. This versatile space is suitable for expanding a commercial portfolio or establishing a retail presence.
    Insight Report Location Intelligence

    Current Use by Public Records

    15 Orange St ... Parking Lot Million Asian Market Asian Grocery Store Miso Restaurant Japanese Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    3, Million Asian Market, Sublime Subs, 9 Squared, Hong Kong Grocery Llc

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9252832
    Latitude
    41.3036734

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    FAQs

    What type of property is this?
    Grocery and convenience store - High-visibility retail property in a desirable, high-traffic New Haven location.
    Where is this grocery and convenience store located?
    The property is located at 15 Orange St, Unit 222 New Haven, CT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime downtown New Haven location with **high visibility and traffic**.; - Income-generating commercial property.; - **Turn-key retail space**.
    (347) 478-4731
    Request Owner's contact information
    15 Orange St, Unit 222 New Haven, CT 06510
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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
    15 Orange St, Unit 222 New Haven, CT 06510
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