New Listing - 11/13/2024

$999,000

Est. Mortgage $4,856/mo *

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499 New Haven Avenue, Milford, CT, 06460

499 New Haven Avenue, Milford, CT, 06460
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0 beds

1 Full baths

1960

930 sqft

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.

Status:

Active

Type:

Commercial

Units:

1

Zoning:

CDD4

Frontage:

State Road

Heating:

Hot Air

Cooling:

Ceiling Fans

Acreage:

0.56

Est. Taxes:

$5,794

Assessment

$198,820

Utilities

Electric

Lot Description:

Level Lot

Days on Market:

7

MLS #:

24059705

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Jake Forchetti, Houlihan Lawrence WD Email: jakeforchetti2002@gmail.com