1294 Chapel Street, New Haven, CT 06511 (MLS # 24182148)


Price $1,100,000
Status Active
Size 6,950 sqft
Lot Size 11,762 sqft
Days on Market 74
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. Conducting your own independent due diligence. Opportunities to acquire an income-producing commercial property with the potential to add up to 7 residential units in one of New Haven's growing neighborhoods a rare opportunity.
Property Type(s): Commercial
Last Updated 6/26/2026 Year Built 1940
County New Haven

Additional Details

AIR Central Air
AIR CONDITIONING Yes
HEAT Forced Air, Hot Water, Natural Gas
LOT 0.27 acre(s)
LOT DESCRIPTION Level
PARKING Paved, Parking Lot
SEWER Public Sewer
TAXES 28790
WATER Public
ZONING BA

Location

 

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