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Grand Avenue Commercial Building Opportunity

922 Grand Ave, New Haven, CT 06511

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For Sale

$769,000

Adaptable 4,500 SF commercial building on historic Grand Avenue.

Type:Commercial

Property size:

4,500 SF

Lot size:

0.20 Acres

Price / SF:

$170/SF

HighLights

Architecturally significant mid‑century commercial building on historic Grand Avenue.
Solid 4,500‑square‑foot masonry building with a full 4,500‑square‑foot basement.
Durable construction: concrete, cinder block, brick, and flat rubber roof.
Adaptable space suitable for various uses (fitness, brewery, retail, etc.).
Structurally intact for over 60 years, engineered for longevity.
Unfinished basement offers expansion potential.

We can help!

Contact an agent

Dallas A. Davis

For Sale

$769,000

Adaptable 4,500 SF commercial building on historic Grand Avenue.

Type:Commercial

Property size:

4,500 SF

Lot size:

0.20 Acres

Price / SF:

$170/SF

Added:: Mar 12, 2026
Days on Market:: 118
Last Refresh:: Jul 2 at 7:04 am

Property Features for 922 Grand Ave

General Information

Standard status: Active
Size: 4,500 SF
Lot size: 0.20 Acres
Property subtype: Commercial

Building Details

Year Built: 1963

We can help!

Contact an agent

Dallas A. Davis

Listing office Dalvis Realty

Listing date Mar 12, 2026

Source Elliman

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 Dalvis Realty

HighLights

Architecturally significant mid‑century commercial building on historic Grand Avenue.
Solid 4,500‑square‑foot masonry building with a full 4,500‑square‑foot basement.
Durable construction: concrete, cinder block, brick, and flat rubber roof.
Adaptable space suitable for various uses (fitness, brewery, retail, etc.).
Structurally intact for over 60 years, engineered for longevity.
Unfinished basement offers expansion potential.

Overview

Located on historic Grand Avenue, this 4,500-square-foot masonry building, constructed in 1963, represents post-industrial commercial architecture. Built of concrete, cinder block, and brick, it features a flat rubber roof and 12-foot wall heights. The property includes a full 4,500-square-foot basement, offering expansion potential. Originally classified for Clubs/Lodges with a modern STORE/SHOP designation, it has served as a gathering place and service hub. The property is suited for reinvention, with potential uses including fitness and wellness programs, a neighborhood brewery, grocery store, performance spaces, coworking studios, nonprofit headquarters, and boutique commercial concepts, subject to city approval. Its construction emphasizes longevity and adaptability.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$118.8k	$26.40
− Vacancy	−$27.8k	−$6.18
EGI	$91.0k	$20.22
− OpEx	−$22.8k	−$5.06
NOI	$68.3k	$15.17

4,500 SF · lease $26.40/SF/yr · vacancy 23.40% · expense 25.00%

Alternative Uses

Best Use

Office B

$975.0K

$853.1K – $1.14M (±1% cap)

NOI $68,251 @ 7.0% cap · market cap 8.88%

Second Best

Retail

$928.3K

$812.2K – $1.08M (±1% cap)

NOI $64,978 @ 7.0% cap · market cap 8.45%

Theoretical Best

Office A

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,328 @ 7.0% cap · market cap 13.18%

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

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Similar Places Nearby

Bonita Flowers Shop — 158 Columbus Ave, New Haven, CT 06519
Amar Florist | Flower Delivery New Haven CT — 660 state st, new haven, ct 06511
Any Occasion Creation Florist — 1090 Chapel St, New Haven, CT 06510
BLOSSOM SHOP — 138 Orange St, New Haven, CT 06510

Location Insight

Map
Local Demand

City: New Haven
County: New Haven
State: Connecticut
Longitude: -72.9186
Latitude: 41.3072

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For sale
Storefront properties
CT
New Haven
06511
922 Grand Ave

What type of property is this?

Storefront property - Adaptable 4,500 SF commercial building on historic Grand Avenue.

Where is this storefront property located?

The property is located at 922 Grand Ave New Haven, CT.

What is the asking price?

The asking price for this property is $769,000.

What are key features of this property?

This property features: Architecturally significant mid‑century commercial building on historic Grand Avenue.; Solid 4,500‑square‑foot masonry building with a full 4,500‑square‑foot basement.; Durable construction: concrete, cinder block, brick, and flat rubber roof.