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Land For Sale • 0.21 AC
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 a monthly rent of $4,400, plus additional contributions for taxes and insurance. 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 future redevelopment.
| Irreplaceable Location |
| Proximity to Yale, Broadway Shops, Downtown New Haven, and Yale New Haven Hospital |
| Flexible Zoning - BD1 zoning allows for a variety of uses including multifamily, retail, restaurants, office, and medical. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| New Haven-State Street Station (New Haven Line - Shore Line East, Shore Line East - Shore Line East) | 3 min | 15 min | 0.8 mi |
| New Haven-Union Station (New Haven Line - Shore Line East, Shore Line East - Shore Line East) | 3 min | - | 1.5 mi |
| Airport | Drive | Walk | Distance |
| Tweed/New Haven | 12 min | - | 5.8 mi |
Edward Jordan
Northeast Private Client Group
Edward Jordan
Northeast Private Client Group
