Retail Investment Opportunity Near
91 Church Street New Haven, CT 06510
91 Church Street, New Haven, CT, 06510
$595,000
For Sale
$595,000
Ground-level retail space in high-traffic area near Yale Campus.
Property Size2,400 SF
Lot Size0.09 Acres
Price / SF$247.92
Days on Market284
Property Features for 91 Church Street
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.09 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2014
Listing Agency
Press/Cuozzo Realtors
(203) 288-1900
Listed by
STEPHEN PRESS · License #REB.0751704
Source
Corcoran
Added: Oct 7, 2025 Checked: Jul 17 at 3:45 am
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 Press/Cuozzo Realtors
Investment Insights
Based on property information with market context.
This is a single-tenant NNN investment opportunity situated on the ground level of a building with four luxury loft condominiums above. The property is located in an area experiencing significant growth, with numerous large-scale and mixed-use apartment projects under construction, recently completed, or planned. The location benefits from high foot traffic and is positioned near the New Haven Green, the Yale Campus, and within walking distance of both Wooster Square and the New Haven Railroad Station. The property size is 2400 square feet.
Key Highlights
- Single tenant NNN investment opportunity
- Prime high foot traffic location near New Haven Green and Yale Campus
- Located in an area experiencing explosive growth with large‑scale mixed‑use apartment projects
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.8k | $21.60 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $49.5k | $20.63 |
| − OpEx | −$14.9k | −$6.19 |
| NOI | $34.7k | $14.44 |
2,400 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$495.1K
$433.2K – $577.6K
NOI $34,655 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$772.0K
$675.5K – $900.7K
NOI $54,041 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Woody's Wings
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Ground-level retail space in high-traffic area near Yale Campus.
Where is this nnn property located?
The property is located at 91 Church Street New Haven, CT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Single tenant NNN investment opportunity; Prime high foot traffic location near New Haven Green and Yale Campus; Located in an area experiencing explosive growth with large‑scale mixed‑use apartment projects
