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849-851 Chapel St

2 Retail Properties Offered at £2,366,080 in New Haven, CT

Investment Highlights

  • Prime development opportunity.
  • Prime area near New Haven Green and Yale University.

Executive Summary

Houlihan Lawrence is pleased to present 849 & 851 Chapel Street in New Haven, Connecticut. The property is currently primed for development, including apartment units with roof access and commercial space on the first floor and basement level. The properties sit in between Church and Orange Street and are half a block away from the New Haven Green and one block away from Yale University's campus. 849 and 851 Chapel Street are two adjacent properties located in Downtown New Haven. Floors 2-4 are vacant and the first floor on both properties is occupied by month-to-month tenants totaling $84,000 per year in rental Income.

Data Room Click Here to Access

Property Facts

Price £2,366,080
Price / SF £193.40 / SF
Sale Conditions Development Sale
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 12,234 SF
Total Land Area 0.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
849 Chapel St, New Haven, CT 06510 Retail 6,489 SF 1900 -
851 Chapel St, New Haven, CT 06510 Retail 5,745 SF 1900 -
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  • Listing ID: 29217795

  • Date on Market: 08/08/2023

  • Last Updated:

  • Address: 849-851 Chapel St, New Haven, CT

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