124 Temple Street, New Haven CT 06510

*PLS INQUIRE FOR UPDATED SETUP SHEET WITH UP-TO-DATE RENTS...OWNER CONTINUES TO STABILIZE THE PROPERTY* This architectural gem features one ground-floor retail unit and ten mint-condition residential units above. 124-132 Temple St is located in the heart of downtown New Haven, blocks away from Yale University. The spacious ground floor retail space is, currently occupied by the acclaimed restaurant-bar Olives and Oil, but potentially suitable for a national, regional, or local retail user or retail tenant. This corner brick-stone building comprises approximately 12,618 square feet, with 8,412 square feet designated for apartments and 4,206 square feet for a restaurant. Unique opportunity for a new owner to reinvigorate leasing and serve as a new steward of this stunning building. 124 Temple Street features historic brick facade, corner lot presence, and ornate architectural details like decorative cornices, stone accents. The building blends seamlessly into the cityscape and the Yale central campus area. Ideal for owner-users or investors, the property features generational location, within blocks of Yale Universitys central campus, and near the bustling restaurant and cultural scene of Crown Street. With its unbeatable location, rich character, and high visibility, 124 Temple Street is ideal for a future owner seeking a premier asset in the thriving New Haven submarket.

Ground-floor commercial tenants lease runs until September 30, 2031, with built-in annual rent escalation. Ground-floor commercial tenant is responsible for a third of the buildings Taxes, Insurance, Common Area Maintenance expenses.