1294 Chapel Street
New Haven, CT 06511

Dwight, New Haven Mixed Use Re-Development Opportunity in a BA zone with Zoning Approvals. Potential for up to 17 Residential Units on 4 Floors. Existing 2 Story Medical Office building approved for additional 2 story development. Opportunity for 1 of 3 options: (1.) Approved 4 Story 14,222 SF Mixed Use Building with 7 Residential units on floors 3-4: Approvals for construction of additional 2 story Structure with residential units and a total of 14,222 SF. Project to include 16 parking spaces, 7 of which will be designated residential. (2.) Potential for 4 Story Mixed use with 14 Residential units on floors 2, 3, & 4 with Commercial (office/retail) on the 1st floor. (3.) Potential for Redevelopment to full Residential with 17 Apartments on floors 1-4. The current long term NNN lease to Yale New Haven Hospital since 1987 will be ending on July 2021. Tenant will be downsizing and relocating. Current office lease space of 6,950 livable SF with 3,564 in the basement and 23 parking spaces. $75,000 Yearly NNN lease until July 2021. New HVAC roof unit installed late 2016. Central air conditioner and natural gas fired forced hot air furnace. Call today for more information and to set up a showing!