Active

157 Main Street Annex

New Haven CT, 06512

$1,900,000


$604.33 per sqft

Active

3,144 sqft

Commercial

Built in 1950

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

24060733

MLS ID

November 19, 2024

Listed

December 18, 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

29


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 

The IDX display contains information sourced from the  Smart MLS, Inc as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/18/2024 at 5:28 PM UTC

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