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62 Cove St 12,327 SF Specialty Building Offered at $11,013,232 CAD in New Haven, CT 06512
Investment Highlights
- Spacious patio seating overlooking the water, set on landscaped grounds with waterfront pergola
- Ample on-site parking — 104 spaces
- Picture-perfect photo opportunities for weddings and events with existing, established repeat customer base
Executive Summary
Property Facts
| Price | $11,013,232 CAD | Lot Size | 2.02 AC |
| Price Per SF | $893.42 CAD | Building Size | 12,327 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1900/2004 |
| Property Type | Specialty | Parking Ratio | 8.44/1,000 SF |
| Zoning | RS2 | ||
| Price | $11,013,232 CAD |
| Price Per SF | $893.42 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Lot Size | 2.02 AC |
| Building Size | 12,327 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2004 |
| Parking Ratio | 8.44/1,000 SF |
| Zoning | RS2 |
About 62 COVE ST , NEW HAVEN, CT 06512
62 Cove Street offers a rare opportunity to acquire a fully operational, turnkey waterfront event and banquet venue in New Haven, Connecticut — together with the underlying real estate. Positioned at the tip of a peninsula with sweeping ocean views and direct water frontage protected by a stone breakwater, the property combines a proven hospitality business with an incomparable location. The offering includes the real property, all buildings, and the associated event and catering operation — providing a buyer with an immediate, income-producing asset as well as significant upside through expanded programming, private events, weddings, and food & beverage service. The business carries an established booking queue extending through 2027, representing significant contracted future revenue already in place. A new operator steps into this pipeline on day one, with tremendous additional upside to optimize operations, grow gross revenue and profitability, and/or reposition the property for a range of potential redevelopment opportunities. Set on 2.02 acres at the water's edge, 62 Cove Street is a multi-building waterfront property purpose-built for events, banquets, and hospitality. The 6,221-square-foot main building (the Inn) houses a full banquet space, complemented by additional structures used for event support, administrative/food operations, service, and storage. The 6,105-square-foot adjacent building (the Ballroom) has a large event space with complete commercial kitchen facilities. The third building on-site (the Shanty) has a fully equipped commercial kitchen. The grounds include a landscaped lawn running the length of the shoreline, outdoor bar, a stone breakwater providing protection and dramatic water views, a covered outdoor dining and event deck, and gazebo. On-site parking accommodates guests for large gatherings and peak-season events.
Property Taxes
| Parcel Number | NHVN-000035-000865-000800 | Improvements Assessment | $1,110,329 CAD |
| Land Assessment | $389,659 CAD | Total Assessment | $1,499,988 CAD |
Property Taxes
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62 Cove St
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