99 Orange St New Haven, CT 06510
For Sale
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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.
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General Floors Services Inc Construction Company General Contractor
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Vibes On Orange Restaurant
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 offering comparison shopper's goods, specialty stores, business services, banks, offices, theaters, hotels and government buildings
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property 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 offering comparison shopper's goods, specialty stores, business services, banks, offices, theaters, hotels and government buildings
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
