Ideal property for a 1031 Exchange! Situated in the heart of the Yale Medical Community, and directly across from Saint Raphael's, this offering includes two parcels totaling .51 acres, both in an RO zone. The first is 1455 Chapel which is a 6,343 square foot medical office / residence sitting on .35 acres. The second is an additional .16 acre parking lot adjacent to 1455 Chapel on Sherman Avenue. The Sherman Lot has a 15 foot entrance off Sherman Avenue. 1455 Chapel has 71 feet of frontage on Chapel Street. Property is currently a mixed use offering with 2,016 sf of office space on the first floor complimented by 4,327 sf of residential space on the two floors above. Perfect opportunity for parking as both parcels currently boast a total of 52 parking spaces. Other uses might include a walk-thru restaurant catering to the thousands of Yale Medical employees and millions of in and out patients seen by Saint Raphael's and Yale. Maybe a food truck park satisfy the impressive level of traffic looking to eat as well as park? Possibilities are endless given the foot and car traffic. Price, acreage and taxes all reflect both parcels. Please watch and listen to the video.

Source: Smart MLS, MLS#: 24042237