Milford, CT 06460,499 New Haven Avenue
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$ 899,000
Est. payment | /mo

1 Bath

930 SqFt


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$ 899,000
Est. payment | /mo
Save

1 Bath

930 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 930 sqft

Price per Sqft $966

MLS Listing ID 24064797

Full Baths 1

Year Built 1960

Annual Tax Amount $5,794

Lot Size 0.560 Acres

Property Description

Prime Waterfront Development Potential in Milford! Located at 499 New Haven Avenue, this property presents an unparalleled opportunity for developers and investors to create a standout residential or mixed-use project in one of Milford's most desirable areas. Boasting high visibility with thousands of cars passing daily, this waterfront site has a unique blend of natural appeal and strategic positioning. Zoned for flexible development, it's ideally suited to accommodate at least 8 townhouses-or potentially more-with the possibility for a larger residential building, subject to approvals. Imagine capitalizing on scenic water views and easy access to highways, shopping, and downtown Milford to create high-demand housing or rental units in a thriving location. The existing structure is empty and can be rented out as-is, generating income while development plans are finalized. This is a rare chance to transform a premier waterfront site into a landmark community that caters to Milford's growing residential needs. Prospective buyers should confirm zoning and development possibilities with local authorities.

Location

State CT

County New Haven

Zoning CDD4

Interior

Heating Hot Air

Cooling Ceiling Fans

Exterior

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Jake Forchetti • Houlihan Lawrence WD

GET MORE INFORMATION

Joe And Jocelyn Maggi

REALTOR® | Lic# 9088667 | 9555634

+1(413) 530-4657

442 STATE STREET BELCHERTOWN MA 01007

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499 New Haven Avenue