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1150 Chapel St 7,400 SF 100% Leased Retail Building New Haven, CT 06511 $2,250,000 ($304.05/SF)
Investment Highlights
- 96 feet of frontage provides a strong street presence on Chapel Street in one of the most desirable retail and residential areas of downtown New Haven
- Stable ground floor retail tenant in place with potential to increase the retail rent on the commercial unit
- Opportunity to increase the residential rent roll on all four apartments
- Property is separately metered for all utilities
Executive Summary
Baldwin Pearson & Co., Inc. is proud to present 1150 Chapel Street, New Haven, CT 06511 to the market. This exceptional mixed-use asset features four residential apartments above a ground-floor commercial space currently configured as a restaurant. Prominently positioned on Chapel Street between York and Park Streets, the property sits in the heart of Downtown New Haven—one of Connecticut’s most dynamic and sought-after commercial corridors. Surrounded by some of New Haven’s most iconic retail, dining, and lifestyle destinations, this offering represents a rare opportunity for an investor or end user to acquire a trophy asset in one of the most vibrant locations in the state.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,400 SF
Building Class
C
Year Built
1900
Price
$2,250,000
Price Per SF
$304.05
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.26
Lot Size
0.13 AC
Zoning
BA - Business
Frontage
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Anaya Sushi
- Accommodation and Food Services
- -
- -
- -
- Workshop The Hair Stylists
- Services
- -
- -
- -
- York St Noodle House
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Anaya Sushi | Accommodation and Food Services | - | - | - | ||
| Workshop The Hair Stylists | Services | - | - | - | ||
| York St Noodle House | Accommodation and Food Services | - | - | - |
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NHVN-000280-000230-001100 | Improvements Assessment | $267,470 |
| Land Assessment | $219,450 | Total Assessment | $486,920 |
Property Taxes
Parcel Number
NHVN-000280-000230-001100
Land Assessment
$219,450
Improvements Assessment
$267,470
Total Assessment
$486,920
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1150 Chapel St
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