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Wedding Venue Banquet Facility
For Sale
$1,300,000

560 Woodward Avenue, New Haven, CT 06512

Zoned RM-1 wedding and event space with attached private club and convenient access just off I-95 (Exit 50).

Property Size14,052 SF
Lot Size2.35 Acres
Price / SF$92.51
Days on Market102

Property Features for 560 Woodward Avenue

General Information

Standard status Active
Size 14,052 SF
Total Parking Spaces 200
Lot size 2.35 Acres
Property subtype Commercial
Zoning RM-1

Additional Details

Highway Access Yes

Building Details

Building Size 14,052 SF
Year Built 1950
Listing Agency: Coldwell Banker Realty
Listed By: Tom Cavaliere
Source: Westshorerealty
Added: Apr 22 Changed: Jul 30 Last Checked: Jul 31 at 1:10PM

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.

A 14,052 SF banquet facility with an attached private club, currently operating as an established catering hall and positioned for weddings, events, and hospitality. The property includes a well-configured layout and 12-foot ceilings, supporting continued use as a catering hall, wedding venue, restaurant, or event space.

Set on 2.35 acres with ample on-site parking for approximately 200 vehicles, the site offers operational flexibility for current programming or redevelopment. The property is located just off I-95 (Exit 50) and is minutes from downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital.

The property is zoned RM-1 and may support adaptive reuse concepts, including educational and institutional uses, as well as residential conversions, subject to approvals. An estimated yield of approximately 28 residential units is cited as a redevelopment possibility (subject to approvals).

Key Highlights

  • 14,052 SF banquet facility with attached private club operating as a catering hall
  • 12‑foot ceilings and a well‑configured layout for events and hospitality
  • 2.35 acres with on‑site parking for approximately 200 vehicles

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby
48k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 68% Shops & Services 32%
McDonald's Dining
28,182 visits/mo 0.4 miles
Shell Shops & Services
11,843 visits/mo 0.1 miles
KFC Dining
4,734 visits/mo 0.5 miles
Citizens Bank Shops & Services
3,664 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Wedding venue - Zoned RM-1 wedding and event space with attached private club and convenient access just off I-95 (Exit 50).
Where is this wedding venue located?
The property is located at 560 Woodward Avenue New Haven, CT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 14,052 SF banquet facility with attached private club operating as a catering hall; 12‑foot ceilings and a well‑configured layout for events and hospitality; 2.35 acres with on‑site parking for approximately 200 vehicles
More about this property
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