433 Chapel St, 56 Wallace Street, and 64 Wallace Street

433 Chapel St, 56 Wallace Street, and 64 Wallace Street, New Haven, CT 06511

  • For Sale Subject To Offer
  • Property Type VacantLand
  • Property Size 9,380 SF
  • Units 1
  • Lot Size 0.59 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 43
  • Year Built 1870
  • Date Updated Nov 12, 2024
Located in the Mill River Area in the vibrant city of New Haven, this property offers a prime investment opportunity in a bustling commercial hub. Surrounding the area are renowned landmarks such as Yale University, renowned for its prestigious academic environment, and the Yale-New Haven Hospital, a leading medical institution. The district is also home to a variety of upscale dining options, chic boutiques, and cultural attractions, providing an enticing mix of amenities for potential tenants. With its strategic placement near major highways and public transportation, the property presents an ideal location for office or land investors seeking to capitalize on the dynamic energy and convenience of the urban landscape. Positioned near The Wooster Square Historic District it is an architecturally distinguished neighborhood located east of downtown New Haven. During the mid-19th century, it was a fashionable residential area which ship captains and wholesale grocers found convenient to their places of business and home of historically sought out destinations like Frank Pepe's and Sally's ApizzaDiscover a compelling investment opportunity with this historic property at 433 Chapel St. Boasting a 32,000 SF building, 1 unit, and a rich heritage dating back to 1870, this versatile space is ideal for innovative mixed-use concepts or land development. It is currently improved with a 6-story industrial/commercial building built in 1870 per town records containing 32,000 gross building square feet and 9,380 gross square feet of living area. The Highest and Best Use is concluded to be a conversion to apartments in conformance with applicable building codes. The condition of the improvements is rated fair. The building was called the M. Armstrong and Company Carriage Factory. The building was listed on the National Register of Historic Places on August 31, 2011, as a historic carriage factory. It is one of a small number of surviving 19th-century carriage factories in a city that once had more than 50 such businesses. Zoned IL, the property offers strategic potential for a range of commercial endeavors. Take advantage of this rare chance to acquire a distinctive property in the vibrant New Haven area, and unlock its full potential for your investment portfolio.

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Highlights

  • 32,000 SF building with potential for mixed-use development
  • Rich history dating back to 1870, adding unique character
  • Zoned IL, offering flexibility for diverse commercial uses
  • Prime location in the vibrant New Haven area
  • Rare opportunity to acquire a distinctive property with historical significance
  • Ideal for investment portfolio diversification
  • Strategic potential for a range of commercial endeavors
  • Valuable package includes 56 & 65 Wallace St, enhancing scope

Contacts

broker

Paul Scalzo Sr.

Scalzo Commercial & New Development

Location

Getting Around

  • Walk Score ®

    84/100 Very Walkable
  • Transit Score ®

    66/100 Good Transit
  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City New Haven, CT
  • Neighborhood Mill River
  • Zip Code 06511
  • Market Bridgeport New Haven

Points of Interest

  • West Haven

    3.52 miles

  • Ansonia

    9.15 miles

  • ChargePoint

    0.67 miles

  • Sunoco

    0.67 miles

  • Mobil

    0.90 miles

  • Citgo

    0.92 miles

  • Shell

    1.16 miles

  • BP

    1.25 miles

  • Exxon

    1.27 miles

  • Stop & Shop

    1.59 miles

  • Best Gas

    1.84 miles

  • Tesla Supercharger

    3.94 miles

  • State-Olive Parking

    0.50 miles

  • State-Adubon Parking

    0.50 miles

  • Parcel E Lot

    0.50 miles

  • State/Trumbull Parking Lot

    0.51 miles

  • Lot 54

    0.54 miles

  • State-Pulaski Lot

    0.54 miles

  • Lot 32

    0.57 miles

  • Lot O

    0.62 miles

  • Ninth Square Public Parking

    0.62 miles

  • Crown Street Lot

    0.63 miles

  • Hotel Marcel

    0.64 miles

  • La Quinta Inn & Suites New Haven

    0.80 miles

  • Omni New Haven Hotel at Yale

    0.80 miles

  • New Haven Hotel

    0.90 miles

  • The Blake Hotel

    1.03 miles

  • Graduate by Hilton New Haven

    1.11 miles

  • The Study at Yale

    1.14 miles

  • The Study

    1.14 miles

  • Courtyard New Haven at Yale

    1.28 miles

  • New Haven Village Suites

    1.41 miles

  • Tre Scalini Ristorante

    0.19 miles

  • Pasta EATaliana

    0.22 miles

  • Abaté

    0.23 miles

  • Zeneli

    0.25 miles

  • Frank Pepe Pizzeria Napoletana

    0.27 miles

  • Consiglio's

    0.29 miles

  • Cody’s Diner

    0.33 miles

  • Sally's Apizza

    0.43 miles

  • Da Legna at Nolo

    0.50 miles

  • Cast Iron Chef

    0.53 miles

  • Harra A. Conte West Hills Magnet School

    0.19 miles

  • Elliott Learning Center

    0.30 miles

  • John S. Martinez School

    0.47 miles

  • High School in the Community

    0.55 miles

  • Brooker T Washington Academy

    0.60 miles

  • Young Men's Institute

    0.65 miles

  • Educational Center for the Arts

    0.65 miles

  • New Haven Academy

    0.72 miles

  • Saint Rose School

    0.75 miles

  • Family Academy of Multilingual Exploration

    0.77 miles

  • Kiddie Korner Daycare

    0.33 miles

  • Phyllis Bodel Childcare Center

    1.13 miles

  • Bethesda Nursery School

    1.37 miles

  • Leila Day Child Care Center

    1.40 miles

  • Calvin Hill Day Care Center

    1.71 miles

  • Sunshine Daycare

    2.73 miles

  • Westville Community Nursery School

    3.10 miles

  • My Sweet Dreams Daycare

    3.65 miles

  • Miss Nicole's Learning Center

    5.34 miles

  • Holly Hill

    6.62 miles

Frequently Asked Questions

How much does 433 Chapel St, 56 Wallace Street, and 64 Wallace Street cost?

The sale price for 433 Chapel St, 56 Wallace Street, and 64 Wallace Street is available upon request. Contact the listing broker for more information.

What is the total square footage of 433 Chapel St, 56 Wallace Street, and 64 Wallace Street?

433 Chapel St, 56 Wallace Street, and 64 Wallace Street totals 9,380 square feet.

When was this property built?

433 Chapel St, 56 Wallace Street, and 64 Wallace Street was built in 1870.

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Contact Listing Broker

broker

Paul Scalzo Sr.

Scalzo Commercial & New Development