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1006 Chapel St - Strega New Haven 1,350 SF Retail Condo Unit Offered at $175,000 in New Haven, CT 06510
Investment Highlights
- Prime Downtown New Haven location near Yale University
- Fully built out restaurant with quality FF&E in place
- Strong surrounding restaurant and retail corridor
- Established award winning Italian concept
- Opportunity to expand hours and seating
Executive Summary
Located in Downtown New Haven near Yale University and Yale New Haven Hospital, the property sits within one of the city’s primary dining and retail corridors. The surrounding area includes a strong mix of restaurants, neighborhood retail, and nightlife that supports consistent foot traffic throughout the week. The location benefits from a dense daytime population driven by Yale, the medical district, and nearby offices, along with steady evening and weekend activity. The area is well established for both walk in traffic and destination dining.
Property Facts
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
1 Unit Available
Unit 1
| Unit Size | 1,350 SF | Condo Use | Retail |
| Price | $175,000 | Sale Type | Investment or Owner User |
| Price Per SF | $129.63 |
| Unit Size | 1,350 SF |
| Price | $175,000 |
| Price Per SF | $129.63 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
No real estate included in the sale, read sale notes***
Sale Notes
Rare opportunity to acquire an established Italian restaurant concept located in New Haven’s downtown dining corridor. This offering is for the business and FF&E only; NO REAL ESTATE INCLUDED in the sale.
The restaurant is fully operational and has received international recognition with three consecutive Gambero Rosso awards. The space features an intimate dining room, curated wine program, and an owner designed layout deliberately scaled to emphasize guest experience over maximum table count. 900 SF on main level, 450 SF in basement for storage that includes coolers and freezers.
The business currently operates five dinner services per week with no lunch service, presenting clear upside for a new operator to expand hours and revenue. The existing six table configuration was an intentional design choice; however, there is flexibility for a buyer to reconfigure the floor plan and increase seating if desired.
The business has an established customer base and is positioned for a smooth transition. Seller financing and owner transition support will be discussed with qualified prospects. Lease is $4,600 a month all in + utilities and can be assigned.
Confidentiality Notice: This is an active, operating business. Do not contact or solicit ownership or staff. All inquiries and tours must be scheduled exclusively through the listing broker, Christopher Lara, 203.522.2635.
Nearby Major Retailers
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1006 Chapel St - Strega New Haven
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