1226 Chapel Street

1226 Chapel Street, New Haven, CT 06511

  • For Sale $1,200,000
  • Property Type Retail - Restaurant
  • Property Size 1,920 SF
  • Units 1
  • Lot Size 0.22 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1955
  • Date Updated Nov 21, 2024
Adjacent to downtown New Haven, Yale campus, and Yale New Haven Hospital, Dwight/Chapel West is a popular location for students, faculty, university staff, and healthcare professionals. The neighborhood includes the Dwight Street Historic District, renowned for its eclectic variety of Victorian architectural styles. The close proximity to campus means that locals have access to the extensive dining, entertainment, and nightlife attracted by the student body – A seemingly-endless selection of locally-owned pizza parlors in and around the Dwight/Chapel West neighborhood ensures that you’ll eventually find your all-time favorite spot to grab a slice.Northeast Private Client Group is pleased to exclusively present for sale 1226 Chapel Street, New Haven, CT. 1226 Chapel Street offers a unique investment opportunity and irreplaceable real estate, currently leased to a busy Indian restaurant until February 2025. The restaurant generates consistent cash flow with an annual NNN rent of $52,800/Year. Located in a prime area within walking distance of Yale University and key retail destinations, the property benefits from high foot traffic and proximity to one of the nation's top universities, making it an ideal location for potential future redevelopment. The site is zoned BD1 (Business District 1) with a 6 FAR, allowing for up to +/- 54,885 square feet of buildable area, with uses as of right including multifamily, retail, restaurant, office, storage, and medical. A redevelopment would require the a new owner to secure a demolition permit for the existing building post-closing.

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Highlights

  • Irreplaceable Location
  • Proximity to Yale, Broadway Shops, Downtown New Haven, and Yale New Haven Hospital
  • Flexible Zoning
  • Existing Cash-Flow from Popular Restaurant

Contacts

broker

Bradley Balletto

Northeast Private Client Group

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    71/100 Excellent Transit
  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City New Haven, CT
  • Neighborhood Dwight
  • Zip Code 06511
  • Market Bridgeport New Haven

Points of Interest

  • West Haven

    3.01 miles

  • Ansonia

    7.89 miles

  • Seymour

    9.29 miles

  • BP

    0.31 miles

  • Stop & Shop

    0.42 miles

  • Mobil

    0.61 miles

  • Best Gas

    0.67 miles

  • Sunoco

    1.22 miles

  • ChargePoint

    1.23 miles

  • Exxon

    1.55 miles

  • Citgo

    1.62 miles

  • Shell

    1.64 miles

  • Tesla Supercharger

    2.76 miles

  • Howe Street Garage

    0.06 miles

  • Chapel-York Garage

    0.16 miles

  • Lot 80

    0.16 miles

  • Center for British Arts Lot

    0.23 miles

  • Lot 81

    0.24 miles

  • Air Rights Garage

    0.28 miles

  • 56 Broadway Parking

    0.28 miles

  • Neon Garage

    0.32 miles

  • George Street Garage

    0.39 miles

  • Crown St Garage

    0.41 miles

  • Tandoor

    0.00 miles

  • Tibetan Kitchen

    0.02 miles

  • Döner Cafe

    0.03 miles

  • House of Naan

    0.03 miles

  • Ricotta Pizza & Bakery

    0.04 miles

  • Barracuda

    0.08 miles

  • Dunkin'

    0.09 miles

  • Mamoun's

    0.09 miles

  • Est Est Est Pizza

    0.10 miles

  • Chaps

    0.11 miles

  • Stop & Shop

    0.38 miles

  • Million Asian Market

    0.65 miles

  • Minore's Market

    0.67 miles

  • Elm City Market

    0.67 miles

  • Edge of the Woods

    0.81 miles

  • The Meat King by CTown

    1.17 miles

  • Flynn’s Grocery

    1.40 miles

  • Westville General

    1.81 miles

  • La Supermarqueta

    1.94 miles

  • C-Town

    2.11 miles

Frequently Asked Questions

How much does 1226 Chapel Street cost?

The space currently listed for sale at 1226 Chapel Street asks for $1,200,000.

What is the total square footage of 1226 Chapel Street?

1226 Chapel Street totals 1,920 square feet.

When was this property built?

1226 Chapel Street was built in 1955.

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Contact Listing Broker

broker

Bradley Balletto

Northeast Private Client Group