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629-1A Chapel St
New Haven, CT 06511

$825,000 USD

Rehabilitation Center Condo For Sale  •  4,325 SF

Property Details

  • Property Type Rehabilitation Center
  • Total Building Size 4,325 SF
  • Year Built 1900
  • Zoning RM2
76 Transit Score
95 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1A Office 4,325 SF $825,000 USD
  • Unit Size: 4,325 SF
  • Condo Use: Office
  • Price: $825,000 USD
  • Sale Type: Investment
  • Price/SF: $190.75 USD
Description
4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN

Sale Notes
4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN

Description

4,325 +/- sq.ft Commercial Condo fully lease INVESTMENT PROPERTY being offered at an 8.72% cap located in One of New Haven’s most storied neighborhoods, Wooster Square. Walking distance to New Haven's Little Italy, conveniently located near downtown, Yale campus, and the medical district. Ground Floor Office/Examination Room Space of iconic 5-Story Corner Brick Building (former Community Bank & Trust Co. Building and the Italian Bank now Residences at Wooster Square) HOA fee is $1,542.40 per month which is being paid by tenant with long term lease, NNN

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
New Haven-State Street Station (New Haven Line - Shore Line East, Shore Line East - Shore Line East) 0 min 4 min 0.1 mi
New Haven-Union Station (New Haven Line - Shore Line East, Shore Line East - Shore Line East) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Tweed/New Haven 10 min - 4.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Michael Richetelli 203-795-8060 Colonial Properties, Inc
Michael Richetelli 203-795-8060 Colonial Properties, Inc