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    281 Chapel St, Unit 1 New Haven, CT 06513

    For Lease
    $3,000 /Mo ($12 SF/Yr)

    Renovated office space with garage and parking, near I-95/I-91.

    Property size:
    3,000 SF
    Lot size:
    0.73 Acres

    Property Features for 281 Chapel St

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.73 Acres

    Building Details

    Year built
    1920

    Source: Coldwell Banker Realty Agent MARTA ELMASRY

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

    Overview

    Office with Garage For Rent

    This property features 1500 square feet of office space and a 1500-square-foot, one-bay garage, complemented by a 4000-square-foot parking lot at the rear and four parking spots in the front. The office area has been completely renovated and includes a reception area, four offices, a kitchen, and a bathroom. The garage includes a 14-foot drive-in overhead door, 20-foot ceilings, and three-phase electrical power. The property is suitable for a sales service operation or showroom, and is potentially suitable for a flooring or kitchen company. The location is less than a mile from I-95 and I-91.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Shop With No ... Auto Repair Shop M & C Tire ... Tire Shop Concrete Creations LLC Concrete Contractor Cheap Car Insurance Auto Insurance Agency

    Suggested Use

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

    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
    -72.904163
    Latitude
    41.303896

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    FAQs

    What type of property is this?
    Office space - Renovated office space with garage and parking, near I-95/I-91.
    Where is this office space located?
    The property is located at 281 Chapel St, Unit 1 New Haven, CT.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Less than a mile to I-95 and I-91.; - Spacious: 1500 Sqft renovated office space featuring a reception area, 4 offices, kitchen, and bathroom.; - Large Garage: 1500 Sqft 1-bay garage with a 14ft drive-in overhead door and 20' ceilings.
    (203) 481-4571
    Request Owner's contact information
    281 Chapel St, Unit 1 New Haven, CT 06513
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    New Haven, CT 06513
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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
    281 Chapel St, Unit 1 New Haven, CT 06513
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