09/29/2026
Rare opportunity to own real estate, an established cell phone business, and a recently opened restaurant — all at one PRIME New Haven location.
Located at 233 Grand Avenue, New Haven, CT, this approximately 3,456-square-foot, two-story property offers a unique combination of commercial income, residential rental potential, and valuable improvements.
Established Cell Phone Business since 2006 with loyal customer base
The property includes an established cell phone and electronics business with a strong operating history.
* 2025 Sales: $507,183
* 2025 Profit: $131,624
* January–August 2026 Sales: $231,000
* January–August 2026 Profit: $128,328
The sale includes business equipment and existing cell phone contracts. The current owner is also willing to provide training and transition assistance to the new owner.
Detailed financial information is available for qualified and serious buyers.
Recently Built-Out Restaurant ( Fully approved upto code brand new )
The property also features a recently opened restaurant with an approximately $300,000 build-out investment.
Improvements include:
* Updated plumbing
* Heat pump systems
* Commercial kitchen equipment
* Restaurant infrastructure and improvements
A new owner can continue operating the existing restaurant, introduce a new concept, or utilize the commercial kitchen for catering, food production, delivery, or expansion of a larger food business.
Two Residential Apartments
The second floor includes:
* One-bedroom apartment
* Studio apartment
These units provide an additional opportunity for rental income or owner/employee housing, subject to applicable requirements.
Property Highlights
* Asking Price: $1,550,000
* Address: 233 Grand Avenue, New Haven, CT
* Approximately 3,456 SF
* Two-story building
* Originally built in 1953
* Substantially renovated
* Established cell phone business
* Recently opened restaurant
* Approximately $300,000 restaurant build-out
* Commercial kitchen
* Two residential apartments
* Business equipment and cell phone contracts included
* Owner training/transition available
A Unique Owner-Operator Opportunity
This property offers the opportunity to own the building while operating two businesses under one roof, with additional residential rental potential.
Whether you're an owner-operator, investor, restaurant entrepreneur, or business buyer looking for a combination of real estate and operating income, 233 Grand Avenue offers multiple potential revenue streams in one property.
Serious and qualified buyers are encouraged to inquire for additional financial information, business details, and property documentation.
Please call/text at 860-541-0185 for more information. Thank you for your interest