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0 & 990 Naugatuck Avenue 2 Properties Offered at $8,030,000 in Milford, CT
Investment Highlights
- Prime 8.03-acre waterfront redevelopment opportunity with 520 feet of direct Housatonic River frontage.
- Includes 21,418 SF of existing commercial space across 3 buildings for immediate utility or adaptive reuse.
- Offers exceptional development potential with a maximum FAR of 0.75 and 50% maximum building coverage.
- Flexible HDD zoning allows industrial, commercial, research, hospitality, or self-storage development.
- Strategically located just minutes from Interstate 95, Route 15, and the Metro-North train station.
- Rare chance to control one of the largest commercially zoned waterfront development sites in Milford.
Executive Summary
One of Connecticut’s Premier Waterfront Redevelopment Opportunities for Sale at $8,030,000.
Angel Commercial, LLC is pleased to exclusively offer one of Connecticut’s premier waterfront redevelopment opportunities—0 & 990 Naugatuck Avenue, Milford, Connecticut—for sale at an asking price of $8,030,000.
Comprising approximately 8.03 contiguous acres with 520 feet of direct frontage along the Housatonic River, this exceptional offering combines scale, strategic location, and flexible zoning to create a truly unique development opportunity within Fairfield and New Haven Counties.
Situated within Milford’s Housatonic Design District (HDD), the property supports a broad range of industrial, commercial, research, hospitality, and other business uses.
The offering includes 0 Naugatuck Avenue, consisting of approximately 2.32 acres of vacant land, together with 990 Naugatuck Avenue, encompassing 5.71 acres improved by three commercial buildings totaling approximately 21,418 SF. The existing improvements provide immediate utility while also presenting significant opportunities for adaptive reuse or comprehensive redevelopment.
Positioned just minutes from Interstate 95, Route 15, Metro-North rail service, and the Milford corporate corridor, the property provides exceptional regional accessibility while benefiting from one of Connecticut’s most scenic waterfront settings.
Whether envisioned as a modern industrial campus, corporate headquarters, research and development facility, hospitality destination, self-storage project, or another commercial development, 0 & 990 Naugatuck Avenue represents a rare opportunity to control one of the largest commercially zoned waterfront development sites in Milford.
For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.? 21.?
Angel Commercial, LLC is pleased to exclusively offer one of Connecticut’s premier waterfront redevelopment opportunities—0 & 990 Naugatuck Avenue, Milford, Connecticut—for sale at an asking price of $8,030,000.
Comprising approximately 8.03 contiguous acres with 520 feet of direct frontage along the Housatonic River, this exceptional offering combines scale, strategic location, and flexible zoning to create a truly unique development opportunity within Fairfield and New Haven Counties.
Situated within Milford’s Housatonic Design District (HDD), the property supports a broad range of industrial, commercial, research, hospitality, and other business uses.
The offering includes 0 Naugatuck Avenue, consisting of approximately 2.32 acres of vacant land, together with 990 Naugatuck Avenue, encompassing 5.71 acres improved by three commercial buildings totaling approximately 21,418 SF. The existing improvements provide immediate utility while also presenting significant opportunities for adaptive reuse or comprehensive redevelopment.
Positioned just minutes from Interstate 95, Route 15, Metro-North rail service, and the Milford corporate corridor, the property provides exceptional regional accessibility while benefiting from one of Connecticut’s most scenic waterfront settings.
Whether envisioned as a modern industrial campus, corporate headquarters, research and development facility, hospitality destination, self-storage project, or another commercial development, 0 & 990 Naugatuck Avenue represents a rare opportunity to control one of the largest commercially zoned waterfront development sites in Milford.
For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext.? 21.?
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual |
|---|---|
| Taxes |
$99,999
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $8,030,000 | Number of Properties | 2 |
| Price / SF | $902.25 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 8,900 SF |
| Status | Active | Total Land Area | 8.03 AC |
| Price | $8,030,000 |
| Price / SF | $902.25 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,900 SF |
| Total Land Area | 8.03 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 990 Naugatuck Ave, Milford, CT 06461 | Industrial | 8,900 SF | 1911 | - |
| 0 Naugatuck Ave, Milford, CT 06460 | Land | 2.32 AC | - | - |
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0 & 990 Naugatuck Avenue