54 Naugatuck Avenue

Milford, Connecticut 06460

Status
For Sale
Square Feet
4,720
Beds
0
Price
$1,200,000
Type
Commercial For Sale
Garages
Baths
3
MLS
24161646

Price

$1,200,000

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Interior Details

Interior Size
4,720 Sq Ft
Bedrooms
0
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.10 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Central Air,Wall Unit

Other Information

Property Tax
$11,003
Assessed Value
$372,350
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

Discover a rare and versatile investment in the heart of Milford's premier live-work-play coastal community, Walnut Beach. This meticulously maintained property features a newly renovated ground-floor restaurant secured by a stable, long-term lease. Above, you'll find four oversized studio/one-bedroom apartments that offer significant upside potential in a high-demand rental market. Efficiency is built-in with separate gas and electric utilities for every unit, keeping overhead low and management simple. The location is truly unbeatable-just steps from the sandy shores of Walnut Beach, local boutique shops, and a vibrant culinary scene. Tenants will fall in love with the "endless summer" vibe, defined by seasonal festivals, live music, and a thriving arts district. With the Milford Metro-North Station only seven minutes away, this property perfectly captures the balance of vacation-style living and easy commuter access to New Haven and New York City.
Listed by Levey Miller Maretz LLC, Jeremy Rosner. Data sourced from SmartMLS

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