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Full Service Restaurant with Kitchen
For Lease
$38 SF/Yr

39 High Street, New Haven, CT 06510

Commercial For Lease, New Haven, CT

Space SizeContact for details
Days on Market53

Property Features for 39 High Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning BD
Interior features Fire Suppression System
Directions Crown Street to High St
Standard status Active
Size 3,300 SF

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Central Air
Water source Public

Building Details

Year built 1989
Floors in Building 4
Flooring type Tile - Ceramic
Listing Agency: Houlihan Lawrence WD
Listed By: John Wareck
Added: Jun 29 Changed: Aug 19 Last Checked: Aug 20 at 2:06AM
MLS# 24187315

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This space is an upscale full-service restaurant that has operated at the location for approximately 30 years. The current buildout includes a full gourmet kitchen in place, along with the hood, Ansul fire suppression system, and a four-story duct run to the roof. Furniture and fixtures are also included with the offering, though the restaurant name and menu are not included.

The property is situated at the heart of Yale University, with nearby access to world-class museums and the Yale freshman campus. The surrounding tenant and visitor mix is supported by the university environment and cultural institutions nearby.

For restaurateurs seeking an operated, kitchen-ready space, the included commercial cooking and life-safety equipment can reduce lead time compared with starting from scratch. Key money is required, and prospective operators should plan accordingly. The combination of an established restaurant buildout and a university-centered setting makes this configuration well-suited for a concept that can utilize a full production kitchen and dining program.

Key Highlights

  • Fire suppression system in place
  • Central air conditioning and baseboard heating
  • Ceramic tile flooring throughout

Property Analytics

Current Use

olea Restaurant Cura Chimney & Masonry ... General Contractor

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Tech Support Center Pet Grooming Service Computer & Electronic Repair

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
Commercial hood
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 47% Shops & Services 38% Dining 15%
Stop & Shop Groceries
47,056 visits/mo 0.2 miles
Dunkin' Donuts Dining
14,722 visits/mo 0.2 miles
Splash Car Wash Express Shops & Services
9,262 visits/mo 0.3 miles
Shell Shops & Services
6,751 visits/mo 0.3 miles
Wells Fargo Shops & Services
6,489 visits/mo 0.2 miles

Demographics for 06510, CT

4,409
Population
2,953
Households
1.5
Avg Household Size
29
Median Age
82%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
14,697
Density / Sq Mi
$63,598
Median Household Income
$55,591
Median Earnings
$1,908
Median Rent
$495,500
Median Home Value

Market

Vacancy Rate% for Retail in New Haven, CT

8.5% 2020
7.6% 2021
6.9% 2022
8.4% 2023
9.2% 2024
9.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing gourmet kitchen and fire suppression systems support a turnkey full-service restaurant operation.
Where is this conventional restaurant located?
The property is located at 39 High Street New Haven, CT.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Fire suppression system in place; Central air conditioning and baseboard heating; Ceramic tile flooring throughout
More about this property
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