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Flex Space with Warehouse
New
For Lease
$399,000

41 1st St, New Haven, CT 06514

Renovated office areas, rear warehouse space, and a fenced yard create a flexible commercial layout.

Space SizeContact for details
Lot Size0.16 Acres
Days on Market5

Property Features for 41 1st St

General Information

Standard status Active
Lot size 0.16 Acres

Site & Location

Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Additional Details

Office Build-Out 1,300 SF

Taxes and HOA fees

Annual Taxes $2,305

Amenities

reception area
private office
conference room
kitchen
warehouse
overhead doors
forced air heat
central air conditioning
fenced yard
off street parking

Building Details

Buildings 1
Listing Agency: Seabury Hill REALTORS
Listed By: John Hill · License #REB.0795121
Source: Exprealty
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 13 at 1:33AM

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 Seabury Hill REALTORS

Investment Insights

Based on property information with market context.

This flex-space property pairs approximately 1,300 SQ FT of renovated office area with warehouse space at the rear. The office layout includes a reception area, private office, open work area, conference room with built-ins, and remodeled kitchen. Two overhead doors serve the warehouse area, which can accommodate storage or office expansion. Building systems include oil forced-air heat, updated electrical, and central air conditioning.

The property is near Downtown New Haven and occupies a fully fenced 0.16-acre yard with off-street parking and room for materials or trucks. The offering also includes two adjacent lots measuring 0.06 acres and 0.05 acres.

Key Highlights

  • Approximately 1,300 SQ FT of renovated office space
  • Rear warehouse area with two overhead doors
  • Fully fenced 0.16‑acre yard with off‑street parking

Property Analytics

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Current Use

Knight Waterproofing Construction Company

Suggested Use

Top Pick Real Estate Agency Plumbing Service Carpet & Flooring Store Storage Facility Locksmith Accounting Firm

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
Fenced yard
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,246
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06514, CT

26,613
Population
11,388
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
11.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$85,227
Median Household Income
$46,594
Median Earnings
$1,633
Median Rent
$250,300
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 Office in New Haven, CT

11.9% 2019
12.4% 2020
17.7% 2021
18.8% 2022
18.7% 2023
16.5% 2024
17.2% 2025
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Similar Off Market Nearby

  • Claypot Chef — 451 Long Wharf Dr, New Haven, CT 06511

Frequently Asked Questions

What type of property is this?
Flex space - Renovated office areas, rear warehouse space, and a fenced yard create a flexible commercial layout.
Where is this flex space located?
The property is located at 41 1st St New Haven, CT.
What is the lease rate?
The lease rate is $399,000.
What are key features of this property?
This property features: Approximately 1,300 SQ FT of renovated office space; Rear warehouse area with two overhead doors; Fully fenced 0.16‑acre yard with off‑street parking
More about this property
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