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Listed price in listed location currency (USD).
$1,200,000

030

MLS® 24161646

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Lease
Size -
Garage No
Date Available 
Days Active 0
Approx. Age 1985
MLS® Number 24161646

Property Address: 54 Naugatuck Ave, Milford, CT, 06460-6061

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number24161646
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1985
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Mar 23, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
54 Naugatuck Ave, Milford, CT

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