1294 Chapel Street,New Haven, CT 06511
New Haven, CT 06511
Description
This is your opportunity to acquire a commercial office building with 23 Parking Spaces with potential to develop 7 additional Residential Units, in New Haven's desirable Dwight neighborhood. Currently occupied by the GNHBPA as a Shared Office HUB, the property is ideal for professional offices, medical, nonprofit, or educational users, while offering significant long-term upside with residential development The building features approximately 6,950 SF of office space, an additional 3,564 SF basement, 23 on-site parking spaces. Great value lies in its redevelopment potential. Previous plans and zoning approvals contemplated expanding the existing two-story building by adding two additional floors, creating a four-story mixed-use development with up to 7 residential apartments while maintaining commercial space on the first floor. As New Haven continues to experience strong demand for quality housing, this property presents a rare opportunity to unlock substantial additional value through redevelopment. Whether you choose to continue operating the property as a commercial asset or pursue a mixed-use redevelopment, this is a rare opportunity in one of New Haven's growing neighborhoods.
Details
| MLS # | 24182148 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 127 |
| Listing Provided By | Outreach Realty Servicing | Roberta Hoskie |
Features
| Bath(s) | 5 Total |
|---|---|
| SQ Feet | 6,950 |
| Units | 1 |
| Zoning | BA |
| Acreage | 0.27 |
Interior
| Total Rooms | 0 |
|---|---|
| Cooling System | Central Air |
| Interior Features | Employee Lounge, Window Display |
Exterior
| Roof Information | Flat, Other |
|---|---|
| Foundation Type | Concrete |
| Flooring | Concrete, Wall-to-Wall Carpet |
Parking
| Garage & Parking | Paved, Parking Lot |
|---|---|
| Parking Total Spaces | 23 |
Utilities
| Utilities Available | Gas |
|---|---|
| Sewage System | Public Sewer Connected |
Taxes
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 28790 |
Area Information
| State | CT |
|---|---|
| County | New Haven |
| City | New Haven |
| Zip Code | 06511 |
| Area | N | A |
| Listing VS Median (in 06511) | |
Price: $875,000 low | high Med: $2,400 sqft: 6,950 low | high Med: 2,648 $ / sqft: $126 low | high Med: $1 On site: 127 low | high Med: 120.5 | |
Market Activity 06511
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Learn More About This Property
| State | CT |
|---|---|
| County | New Haven |
| City | New Haven |
| Zip Code | 06511 |
| Area | N | A |
| Listing VS Median (in 06511) | |
Price: $875,000 low | high Med: $2,400 sqft: 6,950 low | high Med: 2,648 $ / sqft: $126 low | high Med: $1 On site: 127 low | high Med: 120.5 | |
