Ready for Redevelopment

Retail-Commercial for Sale
Catylist Listing ID: 30356435
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 8,520 SF
Gross Building Area: See Agent
Gross Land Area: 0.97 Acres
Sale Price: $850,000
Unit Price: $99.77 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Carroll Home Improvement
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2019

Overview / Comments

A rare find in Downtown Shelton! Selling as a package; Lots 13, 14, 15 & 72 of City of Shelton GIS Map known as 320 Howe Ave, an 8520 sqft commercial building on 0.59 acres; 31 Hill St, a residential home 3 bedrooms on 0.08 acre & 31.5 Hill St a residential home 3 bedrooms on 0.07 acres, both rented for $900 per month and 0 Coram Ave on 0.23 acre vacant residential lot. The properties on Howe and Hill are zoned CB-2, commercial district, the lot is zoned R-3, Residential district. An excellent opportunity for your new retail, warehouse, or redevelopment location.

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Taxing Authority: Town of Shelton
Tax ID/APN: 290210
Zoning: COMMERCIAL DISTRICT
Retail Clientele: General, Family, Business
Property Located Between: Rte 8 and Center Street
Property Visibility: Excellent
Largest Nearby Street: Center St
Feet of Frontage: 201
Traffic/Vehicle Count: 12,300
Highway Access: 2 Blocks from Route 8 exit 14
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Fair
Year Built: 1972
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: On site parking lot
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,937 66,976 121,335
Median Age: 39.11 41.93 43.54
Households: 6,294 26,690 46,903

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