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560 Woodward Ave 14,052 SF 100% Leased Flex Building New Haven, CT 06512 $1,780,623 CAD ($126.72 CAD/SF)
Investment Highlights
- 2.35 Acre Site with Ample Parking
- Strong Adaptive Reuse Potential
- Value-Add / Redevelopment Opportunity
Executive Summary
Exceptional opportunity to acquire or lease a 14,052 SF banquet facility with an attached private club, currently operating as an established catering hall. Situated on 2.35 acres with ample on-site parking for approximately 200 vehicles, this property offers outstanding flexibility for continued hospitality use or redevelopment. Featuring 12-foot ceilings and a well-configured layout, the property is ideally suited for a catering hall, wedding venue, restaurant, or event space. Alternatively, it presents strong potential for adaptive reuse including daycare, nursing home, religious institution, public or private school, two-family homes, or multifamily development. Located just off I-95 (Exit 50), the property offers excellent accessibility and is minutes from downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital. Zoned RM-1, the site offers redevelopment potential with an estimated yield of approximately 28 residential units (subject to approvals).
Property Facts
| Price | $1,780,623 CAD | Rentable Building Area | 14,052 SF |
| Price Per SF | $126.72 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1950 |
| Property Type | Flex | Clear Ceiling Height | 12’ |
| Zoning | RM-1 - Prime New Haven RM-1 location near Interstate 95, minutes to Yale University, downtown, and Yale Hospital. | ||
| Price | $1,780,623 CAD |
| Price Per SF | $126.72 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Rentable Building Area | 14,052 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Clear Ceiling Height | 12’ |
| Zoning | RM-1 - Prime New Haven RM-1 location near Interstate 95, minutes to Yale University, downtown, and Yale Hospital. |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
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560 Woodward Ave
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