0 & 990 Naugatuck Avenue
Milford, CT 06461
Waterfront Commercial Property for Sale at $4,015,000
Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer for sale 0 & 990 Naugatuck Avenue in Milford, CT, for sale at $4,015,000. The offering consists of two adjacent waterfront parcels - ideally positioned for development in a Housatonic Design District (HDD Zone). 0 Naugatuck Avenue is 2.32 acres of vacant land and 990 Naugatuck Avenue consists of three commercial buildings totaling 21,418 square feet on 5.71 acres of land. The commercial buildings built in 1920 can be renovated or demolished. HDD Zone permits industrial, office, computer centers, vocation training schools, restaurants, self-storage, and scientific & research laboratories. Hotel and motels may be allowed with a special permit.
The property is situated along the Housatonic River, and near Linwood Park, Marriott Residence Inn, Ocean State Job Lot, McDonald's, and Dunkin'. Easily accessible from major highways, trains, and buses. 1.4 miles to I-95, Exit 33, and 4 miles to the Merritt/Wilbur Cross Parkway connector, 3 miles to the Stratford Metro-North Train Station, and 1 mile to the CT Transit bus stop at the corner of Bridgeport Avenue at Lansdale Avenue.
Angel Commercial, LLC
|Real Estate Taxes:||$25,147.10 (2021)|
|Building Size:||21,418 SF|
|Zoning:||Housatonic Design District (HDD)|
|Construction:||Brick / Masonry & Steel|
|Amenities:||Six Restrooms (Two in each building)|
|A/C:||Central Air Conditioning (8,918 SF)|
|Demographics||3 Miles||5 Miles|
|Median HH Income:||$77,716||$66,896|