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560 Woodward Ave 14,052 SF Flex Building New Haven, CT 06512 $1,300,000 ($92.51/SF)
Investment Highlights
- 2.35 Acre Site with Ample Parking
- Strong Adaptive Reuse Potential
- Value-Add / Redevelopment Opportunity
Executive Summary
Exceptional opportunity to acquire or lease a 14,052 SF banquet facility with an attached private club, currently operating as an established catering hall. Situated on 2.35 acres with ample on-site parking for approximately 200 vehicles, this property offers outstanding flexibility for continued hospitality use or redevelopment. Featuring 12-foot ceilings and a well-configured layout, the property is ideally suited for a catering hall, wedding venue, restaurant, or event space. Alternatively, it presents strong potential for adaptive reuse including daycare, nursing home, religious institution, public or private school, two-family homes, or multifamily development. Located just off I-95 (Exit 50), the property offers excellent accessibility and is minutes from downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital. Zoned RM-1, the site offers redevelopment potential with an estimated yield of approximately 28 residential units (subject to approvals).
Property Facts
| Price | $1,300,000 | Rentable Building Area | 14,052 SF |
| Price Per SF | $92.51 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 2.27 AC | ||
| Zoning | RM-1 - Prime New Haven RM-1 location near Interstate 95, minutes to Yale University, downtown, and Yale Hospital. | ||
| Price | $1,300,000 |
| Price Per SF | $92.51 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 2.27 AC |
| Rentable Building Area | 14,052 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| Zoning | RM-1 - Prime New Haven RM-1 location near Interstate 95, minutes to Yale University, downtown, and Yale Hospital. |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NHVN-000053-000950-001900 | Improvements Assessment | $569,730 |
| Land Assessment | $161,700 | Total Assessment | $731,430 |
Property Taxes
Parcel Number
NHVN-000053-000950-001900
Land Assessment
$161,700
Improvements Assessment
$569,730
Total Assessment
$731,430
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560 Woodward Ave
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