Active
499 New Haven Avenue
Milford CT, 06460
$999,000
$1,074.19 per sqft
Active
1 Bath
930 sqft
Commercial
Built in 1960
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.
24059705
MLSⓇ ID
November 13, 2024
Listed
November 22, 2024
Updated
Map
499 New Haven Avenue
Milford CT, 06460
Interior Features
Total Bathrooms
1
Full Bathrooms
1
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.56 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
N/A
Taxes
$5,794
Tax Frequency
Annually
Garage
No
View
No
County
New Haven
Water Source
Public
Pool
No
Zoning
CDD4
Listed by Jake Forchetti with Houlihan Lawrence WD
Listing Contact: 2039019493
The IDX display contains information sourced from the Smart MLS, Inc as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/22/2024 at 6:25 AM UTC