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Property summary
This exceptional 11,545 square foot property at 99 Orange Street in New Haven, CT, presents a unique investment opportunity. Originally built in 1900 and zoned BD1, this single-tenant building boasts a rich history and prime location in the heart of downtown New Haven's revitalized area. The building's versatile layout is ideal for a variety of uses, previously operating as a restaurant. The space includes a fully equipped upstairs kitchen with a hood fan, and a separate, fully equipped lower-level kitchen featuring a 10-foot hood fan. Folding doors offer the flexibility of indoor/outdoor dining. The lower level also retains its previous fit-out as a nightclub, originating from a former wine room/banquet facility. This adaptable space is ready for a creative entrepreneur to transform it into a thriving business. The property benefits from its proximity to hundreds of recently constructed apartments, ensuring a robust customer base. This is a rare chance to acquire a substantial property in a rapidly developing area at a highly competitive price. The building's size and features offer significant potential for a variety of commercial ventures. The property's historical character combined with its modern adaptability makes it an attractive investment in a vibrant and growing urban center. The 06510 zip code provides easy access to major transportation routes and amenities. Don't miss this chance to own a piece of New Haven's exciting future.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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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
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the New Haven market rent, vacancy and expense benchmarks for this use type.
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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