Seize this exceptional commercial development opportunity with the acquisition of two adjacent properties at 41 and 45-47 Bridgeport Avenue, each separately deeded but owned by the same motivated seller. Currently featuring a single-family home and a two-family house, these commercially zoned properties come with approved plans for a mixed-use building consisting of four retail stores on the ground floor and four office spaces upstairs, with all plans available upon request. Alternatively, you can continue collecting rents from the existing properties and utilize them as you wish, or design and construct any commercial building that conforms to local planning and zoning regulations. Positioned on a prime, high-traffic thoroughfare with easy access to major highways and public transportation, this versatile investment offers immediate rental income and significant capital appreciation post-development. The seller is eager for a quick sale, presenting a unique opportunity for investors and developers to turn their vision into reality-act now to secure this prime commercial property.
Free standing fully equipped Bar/Cafe located in the heart of Downtown Shelton. Recently fully remodeled, the Shelton staple is a fixture in the Downtown bar scene. The restaurant has an indoor seating capacity of 79 and features a covered outdoor patio with additional bar and seating. 2nd floor features a DJ booth, storage office space and high end security system. Property comes with business fixtures and fully equipped kitchen and bar.
Amazing commercial opportunity in developing downtown Shelton area. 6,288 Sq. Ft of mixed use space. Current use is a well established Tavern/Bar and two spacious - 2 bedroom, 1 bath apartments. Each apartment is approx. 700 square feet and are owner occupied. Expand the existing bar business or convert space into additional income producing apartments. A 2 car attached garage and huge storage area can easily be converted into additional rental income units. Plenty of municipal parking directly across the street.
The median home value in Shelton, CT is $500,000. This is lower than the county median home value of $552,700. The national median home value is $338,100. The average price of homes sold in Shelton, CT is $500,000. Approximately 76.6% of Shelton homes are owned, compared to 19.9% rented, while 3.5% are vacant. Shelton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shelton real estate agent to arrange a tour today!
Shelton, Connecticut has a population of 40,944. Shelton is less family-centric than the surrounding county with 27.86% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Shelton, Connecticut is $103,647. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Shelton is 47.9 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 51.2 inches per year, with 40 inches of snow per year.