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$7,900,000 Just Listed
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Property Description
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)
Full Property Details
Full Property Details for 62 Cove St
General
- Price: $7,900,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24199078
- Updated: 8/13/2026
- Added to Site: 7 day(s) ago
Business
- Business Included: Yes
Parking
- Uncovered Spaces: 104
Location
- County: New Haven
- Driving Directions: GPS Friendly
Heating & Cooling
- Cooling Type: Central Air, Ductless, Heat Pump
- Heating Type: Heat Pump, Hot Water, Natural Gas, Oil
- Heating Fuel: Natural Gas, Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 12,327
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Catering and Event Venue
- Year Built: 1900
Lot Features
- Lot Size (Acres): 2.02
- Frontage: Municipal Street
- Present Use: Catering and Event Venue
- Zoning: RS2
- Lot Description: Sloping Lot
Financial Considerations
- Assessment Amount: $1,075,970
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: Brochure
- Property ID: 1236443
Listed by Huntsman,Meade & Partners Comp, Michael Barbaro
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Price & Sales History for 62 Cove St
Date
Details
Price
Change
Source
8/13/2026
Listed
$7,900,000
—
MLS
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
Tax History for 62 Cove St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,393
2%
$1,075,970
—
2023
$41,425
3%
$1,075,970
—
2023
$40,026
-6%
$1,075,970
—
2022
$42,770
5%
$1,075,970
16%
2021
$40,858
—
$931,140
—
2020
$40,858
2%
$931,140
—
2019
$40,020
—
$931,140
—
2018
$40,020
11%
$931,140
—
2017
$36,016
-2%
$931,140
6%
2016
$36,633
—
$881,650
—
2015
$36,633
—
$881,650
—
2014
$36,633
2%
$881,650
—
2011
$35,971
—
$881,650
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 62 Cove St
62 Cove Street, New Haven, CT 06512 (MLS# 24199078) is a Commercial property. 62 Cove Street is currently listed for $7,900,000 and was received on August 13, 2026. Want to learn more about 62 Cove 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.

