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$3,500,000
Est. payment /mo
2 Baths
1.02 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24117335
Full Baths 2
Year Built 1969
Annual Tax Amount $15,428
Lot Size 1.020 Acres
Property Description
welcome to Fair Haven-299 Chapel St, a rare and remarkable waterfront investment opportunity in the heart of the City of New Haven. This is not just land and buildings-it's vision and potential for the right investor to shape it's future. Located in busy and vibrant dock area of New Haven Harbor, with directaccesstpI-95, and I-91,and moments from downtown New Haven, this site is exceptionally positioned. Location currently features two buildings-one operating as high-end auto body repair shop equipped with lifts and a car paint booth, and the other as a two-story office space with ground floor commercial potential and completely renovated second floor, including premium office finishes and a central conference room. Even more exiting-the property comes with riparian dock rights, grandfathered with the purchase, offering unique waterfront access that's increasingly rare and highly valuable. A third opportunity exists on the 252 feet of Mill River waterfront, equipped with three boat electric transformers-creating tremendous flexibility for industrial use, marine services, or future development. This is a strategic investment into the future of New Haven. And speaking of the future- the nearby Mill River power plant is being converted into a water park /per City of New Haven announcement / signaling major uplift for the entire nationhood and opening even more doors for value appreciation, So again, welcome to Fair Haven-where location, infrastructure, and opportunity meet.
Location
State CT
County New Haven
Zoning IH
Interior
Interior Features Loading - Grade
Heating Hot Air
Cooling Central Air, Window Unit
Exterior
Exterior Feature Doors - 10-15 ft, Lighting, Loading Dock/Grade, Outside Storage Area
Parking Features Unpaved, Off Street Parking, Unassigned Parking
Utilities Available Electric, Gas Available
Roof Type EPDM Synthetic Rubber,Flat
Building
Lot Description Corner Lot, Level Lot, Cleared
Story 1
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Barbara Myslinski-Krucko • William Raveis Real Estate