1503 State Street Under Contract Save Request In-Person Tour Request Virtual Tour
New Haven,CT 06511
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,756 sqft
Price per Sqft $150
MLS Listing ID 24040284
Full Baths 3
Year Built 1920
Annual Tax Amount $6,511
Lot Size 6,969 Sqft
Property Description
Unique opportunity to acquire a mixed-use property fully available and ready to be either owner occupied or leased out for instant value-add returns. This turnkey dual-unit building has a well-established cafe/ bar on the first floor with approximately 50 seats. This commercial space includes all existing furniture, fixtures and equipment. The second floor via its own entrance is a two bedroom, one-bathroom apartment. The apartment benefits from having its own front and rear entry with stairs leading down to the back parking area. The property is situated on a high traffic road with excellent visibility. Average Daily Traffic Volume is approximately 17,500 vehicles per day. The property features ample parking (approx. 7 vehicles) in the back via a driveway and there is additional parking available on the street. This property located in a desirable BA Zone also has the opportunity for conversion to another commercial use and is suitable for many businesses to utilize the existing footprint or the site is ideal for redevelopment. The property is being sold as-is, where-is and is subject to probate.
Location
State CT
County New Haven
Zoning BA
Interior
Heating Hot Air
Cooling Central Air
Exterior
Exterior Feature Sidewalk,Gutters,Lighting,Door Sign
Garage Paved,On Street Parking,Off Street Parking
Utilities Available Electric,Gas
Roof Type Asphalt Shingle,Flat
Building
Lot Description Level Lot
Foundation Brick,Concrete
Sewer Public Sewer Connected
Water Public Water Connected