For Lease
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Property summary
This unique 4,573 square foot property at 954 Chapel Street, New Haven, CT, 06510, presents a compelling opportunity. Located in the heart of downtown New Haven, this three-story building, constructed in 1900, is zoned BD and sits on a 0.27-acre lot. The building's previous use as a nightclub offers a ready-made layout, featuring a main level and mezzanine totaling 1,931 square feet, and a substantial lower level bar area of 2,642 square feet. The single-tenant occupancy provides flexibility for a variety of uses. The property's address is 954 Chapel Street, with a cross street of Temple Street, placing it within easy reach of New Haven's vibrant commercial district. This building offers significant potential for redevelopment or continued use as a nightlife venue, given its size, location, and existing infrastructure. The property is situated in New Haven County, Connecticut. This is a rare opportunity to acquire a substantial commercial space in a high-traffic area of a thriving city. The building's history and unique character add to its appeal. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building Apartment Complex
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district comprises the main downtown section of the city, known in planning terms as the Central Business District. Here are concentrated activities that have primarily a citywide and regional function: large stores…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BD · New Haven, CTThis district comprises the main downtown section of the city, known in planning terms as the Central Business District. Here are concentrated activities that have primarily a citywide and regional function: large stores…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district comprises the main downtown section of the city, known in planning terms as the Central Business District. Here are concentrated activities that have primarily a citywide and regional function: large stores…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BD in New Haven, CT.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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