About This Home

This 0-bedroom, 5-bathroom commercial at 1294 Chapel Street in New Haven, CT is listed for $875,000 ($126 per sqft). Built in 1940, the home offers 6,950 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1940
  • 0.27 acre lot
  • 23 parking spaces

Property Details

1 full, 4 half
23 spaces
1940

Amenities

A/C
Listing 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 offer

ing 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 f

loors, 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.

Monthly Cost Estimate

$4,680/mo

20% down · 6.5% · 30 years

Principal$633
Interest$3,792
Insurance$255

Estimates only. Actual payments may vary.

Location

1294 Chapel Street

New Haven, CT 06511

Features & Amenities

Interior Features

Employee Lounge,Window Display

Property Details

Flooring

Carpet - FullConcrete

Heating

Hot Water(Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 5-bathroom commercial at 1294 Chapel Street is listed at $875,000 ($126/sqft). The estimated monthly payment is $4,679 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.27 acre lot, 23 parking spaces. Interior Features: Employee Lounge,Window Display.

This property is listed by Roberta Hoskie.

RH

Roberta Hoskie

Agent at Outreach Property Management

Listed by Outreach Property Management · Broker phone: (203) 498-2031 · Broker website

MLS# 24182148· Source: SmartMLS, Inc.· 124 days on PropertySimple

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1294 Chapel Street, New Haven, CT 06511

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