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$1,200,000
Est. payment /mo
3,144 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,144 sqft
Price per Sqft $381
MLS Listing ID 24060733
Year Built 1950
Annual Tax Amount $16,723
Lot Size 1.020 Acres
Property Description
Phase 1 available - Prime Development Opportunity - 147 & 157 Main Street Annex, New Haven, CT Exceptional combined 1.02-acre site offering unmatched development potential with BB and RM1 zoning. Located seconds from I-95 (Exit 50) and just four blocks from Townsend Ave, this property is perfectly positioned for high-density residential or mixed-use projects. Key Highlights: Lot Size: 44,380 sq. ft. across two parcels Structures: Ranch-style commercial building and masonry garage with office space Zoning Potential: Up to 87 residential units with current zoning; 111 units possible with Inclusionary Zoning bonuses Rezoning Opportunity: Easily rezone to full BB for streamlined planning and increased density Inclusionary Zoning Benefits: No parking requirements for residential units; density bonuses available Additional Features: Property currently equipped with dealer plates, offering unique commercial-use potential Neighboring Parcel: Being sold in conjunction with Parcel #2387486 to expand development opportunities Take advantage of this rare opportunity to develop in a strategic New Haven location with flexible zoning, existing commercial use, and robust demand for housing. Proposal & Zoning documents available
Location
State CT
County New Haven
Zoning BB & RM1
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Electric, Gas Available, Cable Available
Roof Type Flat,Other
Building
Lot Description Dry, Level Lot, Cleared
Story 1
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Nicholas Tarquino • Carbutti & Co., Realtors