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$625,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Mixed-use investment opportunity offering income potential and exceptional visibility on a well-traveled state road. The property features approximately 1,401 square feet of ground-level retail space, complemented by an attached 900-square-foot storage area. Above the commercial space are two residential apartments located on the second and third floors. Each unit offers three bedrooms, one full bathroom, and the convenience of an in-unit washer and dryer. Both apartments are currently rented below market value with month-to-month leases. The property also includes its own generous on-site parking and benefits from outstanding exposure with an average daily traffic count of approximately 17,500 vehicles. Conveniently located just minutes from Interstate 91 and with easy access to downtown New Haven, this property offers an excellent opportunity for investors or owner-users seeking a well-located mixed-use asset with both commercial and residential income potential.

Full Property Details for 1362 State St

General

  • Price: $625,000
  • Taxes: (July 2026-June 2027)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24190628
  • Updated: 7/15/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Loading - Grade, Window Display

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Restrooms: 3

Exterior

  • Exterior Features: Sidewalk, Lighting, Door Sign

Location

  • County: New Haven
  • Neighborhood: East Rock
  • Driving Directions: 1362 State Street at the corner of Grace Street
  • Traffic Count: 17500

Community

  • Community Name: East Rock

Heating & Cooling

  • Cooling Type: Wall Unit, Window Unit
  • Heating Type: Baseboard, Radiator, Natural Gas, Oil
  • Heating Fuel: Natural Gas, Oil

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas

Structural Information

  • Roof: Flat
  • Stories/Levels: 3
  • Stories in Building: 3
  • Square Feet: 4,741
  • Sq. Ft. Source: Public Records
  • Living Area: 2,890 Sq. Ft.
  • Current Bldg. Use: Retail with 2 Residential Apartments
  • Retail: 1,401 Sq. Ft.
  • Warehouse: 900 Sq. Ft.
  • Year Built: 1900

Unit Information

  • # Tenants: 2

Unit 1

  • Unit Description: Retail
  • Square Feet: 1401
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Unit 2

  • Unit Description: 3 Bedrooms
  • Square Feet: 1445
  • Total Bathrooms: 1

Unit 3

  • Unit Description: 3 Bedrooms
  • Square Feet: 1445
  • Total Bathrooms: 1

Unit 4

  • Unit Description: Retail
  • Square Feet: 900

Lot Features

  • Lot Size (Acres): 0.2
  • Frontage: State Road, Municipal Street
  • Frontage Feet: 202
  • Present Use: Retail with 2 Residential Apartments
  • Potential Use: Retail with 2 Residential Apartments
  • Zoning: BA
  • Lot Description: Corner Lot, Level Lot

Financial Considerations

  • Assessment Amount: $265,580
  • Tax Year: July 2026-June 2027

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1243939
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1362 State St —

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1362 State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Listed
$625,000
6150%
MLS
9/13/1995
Sold
$10,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1362 State St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,464
2%
$265,580
—
2023
$10,225
3%
$265,580
—
2023
$9,880
-6%
$265,580
—
2022
$10,557
6%
$265,580
17%
2021
$9,977
—
$227,360
—
2020
$9,977
2%
$227,360
—
2019
$9,772
—
$227,360
—
2018
$9,772
11%
$227,360
—
2017
$8,794
4%
$227,360
11%
2016
$8,490
—
$204,330
—
2015
$8,490
—
$204,330
—
2014
$8,490
2%
$204,330
—
2011
$8,337
—
$204,330
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1362 State Street, New Haven, CT 06511 (MLS# 24190628) is a Commercial property. 1362 State Street is currently listed for $625,000 and was received on July 14, 2026. This property is listed by Nick Mastrangelo from our Orange Post Rd Office.Want to learn more about 1362 State Street? Do you have questions about finding other Commercial real estate for sale in New Haven? You can browse all New Haven real estate or contact a Coldwell Banker agent to request more information.

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