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Open-Plan Restaurant Space
New
For Lease
$3,000/Mo

631 Middletown Avenue, New Haven, CT 06513

The 1968 building offers a flexible interior in New Haven, with RM1 zoning.

Space Size2,464 SF
Days on Market3

Property Features for 631 Middletown Avenue

General Information

Standard status Active
Size 2,464 SF
Net Rentable 2,464 SF
Zoning RM1

Space & Availability

Available Space 2,464 SF
Contiguous Space 2,464 SF

Lease Terms

Lease Rate $3,000 /USD/MO
Monthly Rent $3,000
Rent per SF/Year $14.61

Additional Details

Road Access Yes

Building Details

Year Built 1968
Listing Agency: Caplan Realty Corp.
Listed By: Naftali Caplan
Source: Capmarkrealty
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:25AM

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 Caplan Realty Corp.

Investment Insights

Based on property information with market context.

This restaurant space in a 1968 building contains approximately 2,464 square feet with an open interior layout. The property has previously operated as a cafe/bar and sports bar. Any proposed use remains subject to zoning and required approvals.

Located at 631 Middletown Avenue in New Haven, the property has access to major roads and the surrounding area.

Key Highlights

  • Approximately 2,464 SF of commercial space
  • Open interior layout
  • Previously operated as a cafe/bar and sports bar

Property Analytics

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Open Analytics

Current Use

Intercept Recovery & Protect Law Firm On The Glow Skincare Studio Spa & Massage Center Emojiis Sports Bar Bar & Pub Psychic Of New Haven Spiritual Center Relief Medical Center Medical Group

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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
Paved road access
NNN (Triple Net)
Lease Type
$2.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06513, CT

38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Haven, CT

$29 /SF/Yr
Avg Asking Price
$15–$38 /SF/Yr
Price Range
4,395 SF
Avg Space Size

This space is priced 50% below the average of $29 /SF/Yr.

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 - The 1968 building offers a flexible interior in New Haven, with RM1 zoning.
Where is this conventional restaurant located?
The property is located at 631 Middletown Avenue New Haven, CT.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Approximately 2,464 SF of commercial space; Open interior layout; Previously operated as a cafe/bar and sports bar
More about this property
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