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Masonry Flex Space
For Lease
$759,000

203 Wallace St, New Haven, CT 06511

IL-zoned property combines warehouse, storage, operational, and office areas on a 0.42-acre site.

Space SizeContact for details
Lot Size0.42 Acres
Days on Market10

Property Features for 203 Wallace St

General Information

Standard status Active
Lot size 0.42 Acres
Zoning IL

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $10,711

Amenities

concrete flooring
overhead door

Building Details

Construction masonry
Listing Agency: eXp Realty
Listed By: Byron Campos · License #RES.0825488
Source: Exprealty
Added: Oct 6 Changed: Oct 15 Last Checked: Oct 15 at 2:23AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This New Haven flex property has masonry construction, concrete floors, an overhead door, and a mix of warehouse, storage, operational, and office areas. Public water and sewer serve the site, which encompasses approximately 0.42 acres and is zoned IL. The stated configuration supports a range of commercial and industrial functions, including contractor, service, trades, storage, fabrication, and distribution operations.

The property is in New Haven with access toward I-91 and major commercial corridors.

Key Highlights

  • Approximately 0.42‑acre site
  • IL zoning
  • Masonry construction with concrete flooring

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Auto Parts Store Discount Store Pet Store Florist

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,201
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Haven, CT

$14.03 /SF/Yr
Avg Asking Price
$2.07–$23.13 /SF/Yr
Price Range
17,868 SF
Avg Space Size

Vacancy Rate% for Industrial in New Haven, CT

4.9% 2019
4% 2020
4.5% 2021
3.6% 2022
4.2% 2023
2.3% 2024
4.1% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • DTG Catering New Haven — 196 St John St, New Haven, CT 06511
  • Kairos Kitchen — 282 Exchange St, New Haven, CT 06513
  • The Regal Beagle — 17 whitney ave, new haven, ct 06510
  • Bcargo12 — 532 Temple St, New Haven, CT 06511
  • Anna's — 488 Orange St, New Haven, CT 06511

Frequently Asked Questions

What type of property is this?
Flex space - IL-zoned property combines warehouse, storage, operational, and office areas on a 0.42-acre site.
Where is this flex space located?
The property is located at 203 Wallace St New Haven, CT.
What is the lease rate?
The lease rate is $759,000.
What are key features of this property?
This property features: Approximately 0.42‑acre site; IL zoning; Masonry construction with concrete flooring
More about this property
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