91 Church Street
New Haven, CT 06511 ·
1.25 AC · Land For Sale
New Haven Development Site
|Price||N/A||Property Sub-type||Commercial/Other (land)|
|Lot Size||1.25 AC||Property Use Type||Vacant/Owner-User|
|Listing ID: 17726219||Date Created: 06/28/2012||Last Updated: 12/08/2012|
This development site presents the ideal configuration for mixed-use development of street level retail, with potential for office or residential above, and onsite parking.
The existing portfolio consists of a multilevel parking garage, a retail store fronting onto Chapel Street, a surface parking lot spanning the block from Center Street to Chapel Street, and second level space. This property currently generates approximately $293,000 in gross income annually with approximately $110,000 in annual carrying costs, yielding an annual Net Operating Income of $183,000.
Bound by three of downtown New Haven' s main thoroughfares, Church Street, Chapel Street and Orange Street, the subject property is one of the most heavily traveled blocks in New Haven by both vehicles and pedestrians.
399 QUINNIPIAC AVENUE
New Haven, CT 06513
For Sale · $175,000
0.36 AC Lot
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