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Banquet Facility Leasing Opportunity
For Lease
$9 SF/Yr

560 Woodward Avenue, New Haven, CT 06512

10,050 SF banquet facility suitable for various uses.

Space SizeContact for details
Property Size10,100 SF
Lot Size2.35 Acres
Days on Market125

Property Features for 560 Woodward Avenue

General Information

Standard status Active
Size 10,100 SF
Lot size 2.35 Acres
Zoning RM1

Building Details

Building Size 10,100 SF
Year Built 1950
Units 2
Listing Agency: Coldwell Banker Realty
Listed By: Tom Cavaliere · License #REB.0110396
Source: Westshorerealty
Added: Apr 22 Changed: Aug 23 Last Checked: Aug 23 at 10:46AM

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 Realty

Investment Insights

Based on property information with market context.

This 10,050 SF leasing opportunity is located within an established banquet facility that includes an attached private club. Previously a successful catering hall, the space features 12 ft high ceilings and a flexible layout suitable for a variety of uses, including a catering hall, wedding venue, restaurant, or event space. Alternative uses include daycare, religious institutions, and educational facilities. The property is situated on a 2.35-acre site with parking for approximately 200 vehicles and offers accessibility just off I-95 (Exit 50). It is conveniently located near downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital. The location is somewhat walkable with a walk score of 55, and somewhat bikeable with a bike score of 19, and has some transit with a transit score of 32.

Key Highlights

  • Expansive 10,050 SF space suitable for various uses.
  • Excellent accessibility just off I‑95 (Exit 50) and proximity to downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital.
  • Ample parking with approximately 200 spaces on a 2.35‑acre site.

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Skin Care Clinic Parking Lot & Garage Bakery

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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
11,843 visits/mo 0.5 miles

Demographics for 06512, CT

29,457
Population
12,945
Households
2.3
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
2,779
Density / Sq Mi
$84,034
Median Household Income
$48,981
Median Earnings
$1,464
Median Rent
$265,200
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?
Wedding venue - 10,050 SF banquet facility suitable for various uses.
Where is this wedding venue located?
The property is located at 560 Woodward Avenue New Haven, CT.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: Expansive 10,050 SF space suitable for various uses.; Excellent accessibility just off I‑95 (Exit 50) and proximity to downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital.; Ample parking with approximately 200 spaces on a 2.35‑acre site.
More about this property
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