Active
157 Main Street Annex
New Haven CT, 06512
$1,900,000
$604.33 per sqft
Active
3,144 sqft
Commercial
Built in 1950
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
24060733
MLSⓇ ID
November 19, 2024
Listed
November 20, 2024
Updated
Map
157 Main Street Annex
New Haven CT, 06512
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Oil, Forced Air
Exterior/Building Features
Lot Size
1.02 Acres
Lot Features
Cleared, Level
Sewer
Public Sewer
Other Property Details
Area Name
N/A
Taxes
$16,723
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
New Haven
Water Source
Public
Pool
No
Zoning
BB & RM1
Listed by Nicholas Tarquino with Carbutti & Co., Realtors
Listing Contact: 2037106157
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Data last updated on 11/20/2024 at 6:20 PM UTC