Outstanding redevelopment opportunity on a 0.


Property

Website:https://www.nestseekers.com/5375707
Address:
583 Howe
Shelton, CT 06484
Ownership: Commercial
Type: Commercial
Bathrooms: 2
Area: 11300 sq ft

Financials

Price:$1,799,000
Annual Taxes:$14,344

Description

Outstanding redevelopment opportunity on a 0.55-acre dead-end corner lot at 583 Howe Avenue, Shelton, CT. Zoned IB-2 with excellent potential for multifamily residential or mixed-use development through special exception or Planned Development District (PDD).Prime corner configuration provides controlled access and is well-suited for underground parking. Believed maximum height of 5 stories from Howe Street grade with attractive upper-floor views. 2018 Phase I & II reports (SBA cleared) confirmed one historical REC fully investigated with no groundwater impact and no open CTDEEP case. 2024 taxes $14,618 (current). Recent capital improvements completed since 2018 position the site as shovel-ready.Full DD package available. Shown by appointment only to serious buyers.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Jason Kinard of BHGRE Shore & Country