499 New Haven Avenue

About Property

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.
Listed by Houlihan Lawrence WD, Jake Forchetti. Data sourced from SmartMLS