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    813 Chapel St New Haven, CT 06510

    Sponsored
    For Lease
    $28 SF/Yr

    High-traffic retail space, New Haven, CT

    Lot size:
    25,430 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 25,430 square foot, three-story mixed-use building at 813 Chapel Street in New Haven, CT, offers a prime retail opportunity. The property, built in 1900, features a minimum divisible space of 7,000 square feet of street-level retail space, perfect for a variety of businesses. A matching basement provides ample storage. The building sits on a 0.28-acre lot and is zoned BD1. Its location in a high-traffic area benefits from proximity to a new 162-unit student housing development (completion 2024), the Elm City Market, and the 360 State Street high-rise with 500 residential units. The building boasts 1200 amps of power. This is an excellent chance to establish a presence in a rapidly developing and highly desirable downtown location. The lease rate is $28 per square foot on a modified gross basis. The building is multi-tenanted, offering a vibrant and diverse environment. This is a unique opportunity to secure a prominent retail space in a thriving New Haven neighborhood.

    Property Features for 813 Chapel St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,430 SF
    Total Rate
    59336.67

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    813 Chapel Street
    Size
    7,000 SF
    Rate per SF
    $28

    HighLights

    • Prime downtown New Haven location.
    • Corner of Chapel and Orange Streets.
    • 7,000 SF of street‑level retail space available for lease.
    • Located in a three‑story mixed‑use building.
    • One block from New Haven Green.
    • In the Yale University community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9247906385
    Latitude
    41.305618881478

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, New Haven, CT
    Where is this retail property located?
    The property is located at 813 Chapel St New Haven, CT.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown New Haven location.; Corner of Chapel and Orange Streets.; 7,000 SF of street-level retail space available for lease.
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    813 Chapel St New Haven, CT 06510
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    813 Chapel St New Haven, CT 06510
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