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Property profile & analytics
OFF-MARKET
Commercial real estate

98 Olive St New Haven, CT 06511

13,942 SF 0.41 ac lot Built 1900
Entity Owned 7-yr Hold
Property ID
US15-0603960
Property summary
AI-generated overview

This exceptional 360-square-foot commercial space at 98 Olive Street in New Haven, Connecticut, presents a unique opportunity for a variety of businesses. Located in a charming, walkable neighborhood, this ground-floor storefront benefits from abundant foot traffic, ideal for retail, a coffee shop, or a professional office. The building itself underwent a complete renovation in 2021, ensuring modern amenities within a historically significant structure built in 1900. The space boasts a 14-foot ceiling height, adding to its spacious feel. The property is zoned BE and features a single tenancy within a larger building totaling 13,942 square feet. The 0.41-acre lot provides convenient access, and off-street paid parking is available nearby for customer convenience. This property offers a blend of historic charm and modern updates, making it an attractive option for businesses seeking a vibrant and accessible location in New Haven. The address is 98 Olive Street, situated near Court Street, with a zip code of 06511. Currently, 360 square feet are vacant and ready for immediate occupancy. This is a single-story building.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Total area 13,942 SF
Lot 0.41 ac (17,860 SF)
UPID US15-0603960
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
98 Olive LLC · 7 yrs held
98 Olive LLC
since 2019
3 recorded transactions
2021
Price N/A
2019
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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