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Retail Storefront with Natural Light
New
For Lease
$34 SF/Yr

968 Chapel Street, New Haven, CT 06510

Lease opportunity with flexible commercial use potential and a prominent windowed frontage.

Space SizeContact for details
Days on Market6

Property Features for 968 Chapel Street

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Flat Roof
Hot Air Heating
Tar/Gravel Roof

Building Details

Year Built 1966
Listing Agency: Houlihan Lawrence WD
Listed By: FRANK D'OSTILIO · License #REB.0789479
Source: Corcoran
Added: Aug 10 Changed: Aug 15 Last Checked: Aug 15 at 6:30AM

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 Houlihan Lawrence WD

Investment Insights

Based on property information with market context.

This approximately 3,000-square-foot storefront space provides a substantial retail setting with a large window that brings natural light into the interior. The space was previously occupied by Ann Taylor as a flagship store for over 50 yrs, offering a retail-oriented layout for continued merchandising or other commercial use. Restaurant, showroom, and general retail applications are identified for the premises.

The property is located at 968 Chapel Street in New Haven, directly across from the New Haven Green. Yale University, restaurants, shops, theaters, museums, offices, and residential development are part of the surrounding downtown environment. The location is positioned within the Yale community and benefits from both pedestrian and vehicle activity.

Key Highlights

  • Approximately 3,000 square feet of storefront space
  • Large window provides natural light
  • Directly across from the New Haven Green

Property Analytics

Current Use

Anesthesia Smoke Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Discount Store Tattoo & Piercing Shop Auto Parts Store Storage Facility

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

NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,831
Businesses Nearby
134k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Electronics 24% Shops & Services 18% Apparel 10%
Apple Store Electronics
32,282 visits/mo 0.4 miles
Dunkin' Donuts Dining
27,953 visits/mo 0.4 miles
Bank of America Shops & Services
14,466 visits/mo 0.4 miles
Olive's Dining
11,610 visits/mo 0.2 miles
SUBWAY Dining
7,612 visits/mo 0.4 miles

Demographics for 06510, CT

4,409
Population
2,953
Households
1.5
Avg Household Size
29
Median Age
82%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
14,697
Density / Sq Mi
$63,598
Median Household Income
$55,591
Median Earnings
$1,908
Median Rent
$495,500
Median Home Value

Market

Lease Benchmarks for New Haven, CT

$19.23 /SF/Yr
Avg Asking Price
$1–$34 /SF/Yr
Price Range
4,075 SF
Avg Space Size

This space is priced 77% above the average of $19.23 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Lease opportunity with flexible commercial use potential and a prominent windowed frontage.
Where is this storefront property located?
The property is located at 968 Chapel Street New Haven, CT.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Approximately 3,000 square feet of storefront space; Large window provides natural light; Directly across from the New Haven Green
More about this property
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