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Mixed-Use

The Palladium Building

135 Orange St, New Haven, CT 06510

Listing Price: $4,750,000

Cap Rate
6.46%
Number of Units
10
Occupancy
100.0%
Price/Unit
$475,000
Price/Gross SF
$281.20
Gross SF
16,892

Investment Overview

MARCUS & MILLICHAP is pleased to present THE PALLADIUM BUILDING at 135 Orange Street — a core, mixed-use asset located in the heart of Downtown New Haven’s Central Business District (CBD). Beautifully constructed in the Renaissance Revival style, this ±17,000 square foot trophy property has been an integral part of New Haven’s urban fabric for nearly 170 years. Substantially renovated as part of a 2019 apartment conversion, the building now features 10 loft apartments, a single office suite, and three retail spaces — including the original location of the acclaimed G Café & Bakery.

Investment Highlights

  • Historically Significant Asset with a Highly Walkable Main and Main Location
  • Multi-Million Dollar Recent Investment
  • Value-add Via Conversion Potential

Exclusively Listed By

  • Wes Klockner

    First Vice President Investments

    (203) 672-3326

    Email Wes

    License(s): NY: 10401263791, CT: RES, 0799478

    New Haven

  • Victor W. Nolletti

    Executive Managing Director Investments

    (203) 672-3321

    Email Victor

    License(s): CT: RES. 0500203

    New Haven

  • Eric Pentore

    Senior Vice President Investments

    (203) 672-3336

    Email Eric

    License(s): CT: RES. 0787525

    New Haven

Mixed-Use

The Palladium Building

Listing Price: $4,750,000

Cap Rate
6.46%
Number of Units
10
Occupancy
100.0%
Price/Unit
$475,000
Price/Gross SF
$281.20
Gross SF
16,892

Investment Highlights

  • Historically Significant Asset with a Highly Walkable Main and Main Location
  • Multi-Million Dollar Recent Investment
  • Value-add Via Conversion Potential

Investment Overview

MARCUS & MILLICHAP is pleased to present THE PALLADIUM BUILDING at 135 Orange Street — a core, mixed-use asset located in the heart of Downtown New Haven’s Central Business District (CBD). Beautifully constructed in the Renaissance Revival style, this ±17,000 square foot trophy property has been an integral part of New Haven’s urban fabric for nearly 170 years. Substantially renovated as part of a 2019 apartment conversion, the building now features 10 loft apartments, a single office suite, and three retail spaces — including the original location of the acclaimed G Café & Bakery.

Exclusively Listed By

  • Wes Klockner

    First Vice President Investments

    (203) 672-3326

    Email Wes

    License(s): NY: 10401263791, CT: RES, 0799478

    New Haven

  • Victor W. Nolletti

    Executive Managing Director Investments

    (203) 672-3321

    Email Victor

    License(s): CT: RES. 0500203

    New Haven

  • Eric Pentore

    Senior Vice President Investments

    (203) 672-3336

    Email Eric

    License(s): CT: RES. 0787525

    New Haven

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