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1006 Chapel St
New Haven, CT 06510 Downtown New Haven

$4,604 USD/MO

General Retail For Lease  •  1,300 SF

Property Details

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

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 1,300 SF $42.50 USD/SF/YR
Rare opportunity to purchase an established Italian restaurant concept located in New Haven’s downtown dining corridor. The business is for sale at $175,000 and the lease can be assigned. Sale includes FF&E; only LEASED 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.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Sublet

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
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 (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 9 min 0.5 mi
3 min 17 min 0.9 mi
Transit/SubwayDriveWalkDistance
New Haven-State Street Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 9 min 0.5 mi
New Haven-Union Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
Tweed/New Haven 13 min - 5.1 mi
Christopher Lara 203-522-2635 Berkshire Hathaway HomeServices
Christopher Lara 203-522-2635 Berkshire Hathaway HomeServices