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629-1A Chapel St

4,325 SF Office Unit Offered at £651,758 in New Haven, CT 06511

Property Facts

Price £651,758
Unit Size 4,325 SF
No. Units 1
Total Building Size 4,325 SF
Property Type Health Care (Unit)
Property Subtype Rehabilitation Centre
Sale Type Investment
Number of Floors 1
Typical Floor Size 4,325 SF
Year Built 1900
Parking Ratio 2.77/1,000 SF
Opportunity Zone Yes

1 Unit Available

Unit 1A

Unit Size 4,325 SF
Price £651,758
Price Per SF £150.70
Unit Use Office
Sale Type Investment
Net Initial Yield 8.72%
NOI £56,833.32
Description

4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN

Sale Notes

4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN

Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM2
RM2
  • Listing ID: 32257126

  • Date on Market: 26/06/2024

  • Last Updated:

  • Address: 629-1A Chapel St, New Haven, CT 06511

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