560 WOODWARD AV NEW HAVEN CT 06512
Prime Near New Haven | Banquet Facility | 2.35 Acres | I-95 Access
Marketing description
Exceptional opportunity to acquire or lease a 14,052 SF banquet facility with an attached private club, currently operating as an established catering hall. Situated on 2.35 acres with ample on-site parking for approximately 200 vehicles, this property offers outstanding flexibility for continued hospitality use or redevelopment. Featuring 12-foot ceilings and a well-configured layout, the property is ideally suited for a catering hall, wedding venue, restaurant, or event space. Alternatively, it presents strong potential for adaptive reuse including daycare, nursing home, religious institution, public or private school, two-family homes, or multifamily development. Located just off I-95 (Exit 50), the property offers excellent accessibility and is minutes from downtown New Haven, Yale University, Tweed New Haven Airport, and Yale New Haven Hospital. Zoned RM-1, the site offers redevelopment potential with an estimated yield of approximately 28 residential units (subject to approvals).
Investment highlights
±14,052 SF Banquet Facility + Private Club
Established catering hall with functional layout and multiple event spaces
2.35 Acre Site with Ample Parking
Approximately 200 on-site parking spaces accommodating large events
Flexible Use Potential
Ideal for catering hall, wedding venue, restaurant, or event space
Value-Add / Redevelopment Opportunity
Zoned RM-1 with potential for ±28 residential units (subject to approvals)
12-Foot Ceiling Heights
Well-suited for hospitality, assembly, or adaptive reuse
Strong Adaptive Reuse Potential
Possible uses include daycare, nursing home, religious facility, school, or multifamily
Prime Location Near New Haven
Minutes to Yale University, Yale New Haven Hospital, and Tweed New Haven Airport
Excellent Highway Access
Immediate proximity to Interstate 95 (Exit 50) for regional connectivity
High-Demand Market Area
Located near downtown New Haven with strong residential and institutional demand
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