List Search

1006 Chapel St
New Haven, CT 06510 Downtown New Haven

$175,000 USD

General Retail Condo For Sale  •  1,350 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,350 SF
  • Year Built 1900
77 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail 1,350 SF $175,000 USD
  • Unit Size: 1,350 SF
  • Condo Use: Retail
  • Price: $175,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $129.63 USD
Description
No real estate included in the sale, read sale notes***

Sale Notes
Rare opportunity to acquire an established Italian restaurant concept located in New Haven’s downtown dining corridor. This offering is for the business and FF&E only; NO REAL ESTATE INCLUDED in the sale.

The restaurant is fully operational and has received international recognition with three consecutive Gambero Rosso awards. The space features an intimate dining room, curated wine program, and an owner designed layout deliberately scaled to emphasize guest experience over maximum table count. 900 SF on main level, 450 SF in basement for storage that includes coolers and freezers.

The business currently operates five dinner services per week with no lunch service, presenting clear upside for a new operator to expand hours and revenue. The existing six table configuration was an intentional design choice; however, there is flexibility for a buyer to reconfigure the floor plan and increase seating if desired.

The business has an established customer base and is positioned for a smooth transition. Seller financing and owner transition support will be discussed with qualified prospects. Lease is $4,600 a month all in + utilities and can be assigned.

Confidentiality Notice: This is an active, operating business. Do not contact or solicit ownership or staff. All inquiries and tours must be scheduled exclusively through the listing broker, Christopher Lara, 203.522.2635.

Description 

Located in Downtown New Haven near Yale University and Yale New Haven Hospital, the property sits within one of the city’s primary dining and retail corridors. The surrounding area includes a strong mix of restaurants, neighborhood retail, and nightlife that supports consistent foot traffic throughout the week.

The location benefits from a dense daytime population driven by Yale, the medical district, and nearby offices, along with steady evening and weekend activity. The area is well established for both walk in traffic and destination dining.

Highlights

Prime Downtown New Haven location near Yale University
Established award winning Italian concept
Fully built out restaurant with quality FF&E in place
Opportunity to expand hours and seating
Strong surrounding restaurant and retail corridor

Property Flyers

Amenities

  • 24 Hour Access
  • Restaurant
  • Signage
  • Signalized Intersection
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
New Haven-State Street Station (Hartford Line - CONN DOT, New Haven Line - CONN DOT, Shore Line East - CONN DOT) 2 min 8 min 0.4 mi
New Haven Union Station (Hartford Line - CONN DOT) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Tweed/New Haven 11 min - 5.3 mi
Christopher Lara 203-522-2635 Berkshire Hathaway HomeServices
Christopher Lara 203-522-2635 Berkshire Hathaway HomeServices