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    Mixed-Use Office & Restaurant Building Title is generated by Realmo AI

    825 Grand Ave, New Haven, CT 06511

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    Claim this Listing
    New
    For Sale
    $1,750,000

    Four-level building with exposed brick, soaring ceilings, and adjacent parking for 22+ cars.

    Type:Commercial
    Property size:
    7,200 SF
    Price / SF:
    $243/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 2:04 am

    Property Features for 825 Grand Ave

    General Information

    Standard status
    Active
    Size
    7,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1890

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    Bob Jr L. Virgulak

    Listing office Century 21 AllPoints Realty

    Listing date Jun 25, 2026

    Source Elliman

    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 Century 21 AllPoints Realty

    HighLights

    • Four‑level mixed‑use building built in 1890 with exposed brick and soaring ceilings on all levels
    • Approximately 7,200 SF across four levels, including a finished lower level
    • Adjacent private parking lot with 22+ dedicated spaces
    • Flexible layout for multiple uses including medical/dental/professional office, restaurant, residential apartments, or mixed‑use redevelopment
    • Located about 0.4 miles from Sally's Apizza

    Overview

    The property is a mixed-use building totaling approximately 7,200 square feet across four levels, including a finished lower level. The interiors feature original exposed brick and soaring ceiling heights on all levels, creating a distinctive character for an owner-user or redevelopment concept. The offering is described as flexible for a range of uses, including medical, dental, or professional office, restaurant, residential apartments, and creative mixed-use redevelopment, with plans included for review.

    The building sits on a well-known New Haven corridor and benefits from an adjacent private parking lot with over 22 dedicated spaces, a practical amenity for tenants and visitors. The location is approximately 0.4 miles from Sally’s Apizza. BikeScore is listed as 70 (very bikeable) and WalkScore as 88 (very walkable), with a transitScore of 45 (some transit).

    For tenants, buyers, or operators seeking a space with strong architectural character and on-site parking, the building’s four-level configuration and finished lower level provide room to customize layout and program. Prospective purchasers are encouraged to review the included preliminary diligence materials and conduct independent verification of zoning, permitted uses, and all other aspects of the property.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $164.2k $22.80
    − Vacancy −$6.6k −$0.91
    EGI $157.6k $21.89
    − OpEx −$39.4k −$5.47
    NOI $118.2k $16.42
    7,200 SF · lease $22.80/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.69M
    $1.48M – $1.97M (±1% cap)
    NOI $118,195 @ 7.0% cap · market cap 6.75%
    Second Best
    Office B
    $1.56M
    $1.37M – $1.82M (±1% cap)
    NOI $109,201 @ 7.0% cap · market cap 6.24%
    Theoretical Best
    Office A
    $2.32M
    $2.03M – $2.70M (±1% cap)
    NOI $162,124 @ 7.0% cap · market cap 9.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    The Children's Dental Group Dental Office Dr. Kristi J. ... Dental Office Susan M. Miklos, ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Law Firm Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -72.9165896
    Latitude
    41.3080881

    FAQs

    What type of property is this?
    Office building - Four-level building with exposed brick, soaring ceilings, and adjacent parking for 22+ cars.
    Where is this office building located?
    The property is located at 825 Grand Ave New Haven, CT.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Four‑level mixed‑use building built in 1890 with exposed brick and soaring ceilings on all levels; Approximately 7,200 SF across four levels, including a finished lower level; Adjacent private parking lot with 22+ dedicated spaces
    More about this property
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