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Mixed-Use Property with Retail Space
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1362 STATE ST, New Haven, CT 06511

Commercial space, residential apartments, storage, and on-site parking combine within a multi-level property zoned BA.

Property Size4,741 SF
Price / SF$131.83
Days on Market8

Property Features for 1362 STATE ST

General Information

Standard status Active
Size 4,741 SF
Class B
Total Parking Spaces 15
Property subtype Retail, Multifamily
Zoning BA

Site & Location

Traffic Count 17,500 vehicles/day
Highway Access Yes
Road Access Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Stories 3
Units 3
Tenancy Multi
Listing Agency: Coldwell Banker Commercial NRT Orange
Listed By: Nick Mastrangelo · License #CT 0756394
Source: Crexi
Added: Aug 4 Changed: Aug 11 Last Checked: Aug 11 at 6:32AM

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 Coldwell Banker Commercial NRT Orange

Investment Insights

Based on property information with market context.

This 4,741-square-foot mixed-use property combines ground-floor commercial space with two residential apartments above. The retail area measures approximately 1,401 square feet and connects to an attached 900-square-foot storage area. Each apartment includes three bedrooms, one full bathroom, and an in-unit washer and dryer. Both residences are occupied under month-to-month leases.

The property provides on-site parking for up to 15 vehicles and is positioned along State Street, where traffic averages approximately 17,500 vehicles per day. Interstate 91 is just minutes away, with access to downtown New Haven also nearby. Built in 1900, the property is zoned BA.

Key Highlights

  • 4,741‑square‑foot mixed‑use property built in 1900
  • Approximately 1,401 SF of ground‑level retail space plus 900‑square‑foot attached storage
  • Two apartments, each with 3 bedrooms, 1 full bathroom, and an in‑unit washer and dryer

Property Analytics

Current Use

Gallo's Appliance Home Appliance Store

Suggested Use

Top Pick Real Estate Agency HVAC Service 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

2
Residential units
17,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space, residential apartments, storage, and on-site parking combine within a multi-level property zoned BA.
Where is this mixed-use property located?
The property is located at 1362 STATE ST New Haven, CT.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,741‑square‑foot mixed‑use property built in 1900; Approximately 1,401 SF of ground‑level retail space plus 900‑square‑foot attached storage; Two apartments, each with 3 bedrooms, 1 full bathroom, and an in‑unit washer and dryer
More about this property
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