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1534 New Haven Ave
Milford, CT 06460
Retail Property For Sale

Investment Highlights

  • Prime Woodmont shoreline location with water proximity
  • Existing auto repair setup with automotive lifts included in the sale and in-place rental income of $3,000/month
  • Strong investment potential in a supply-constrained market
  • Corner lot positioning with excellent visibility and accessibility
  • Turnkey owner-user opportunity
  • Long-term appreciation potential driven by coastal demand

Executive Summary

1534 New Haven Ave, Milford, CT – Woodmont Shoreline Commercial Opportunity
Rare opportunity to acquire a well-positioned commercial asset in the highly sought-after Woodmont neighborhood, just moments from the shoreline, situated on a prominent corner lot with convenient access, strong visibility, and excellent functionality for a variety of commercial uses.
The property is currently operating as an auto repair facility and comes fully equipped with automotive lifts included in the sale. This creates a valuable turnkey opportunity for an owner-operator looking to establish or expand their business, while also offering strong appeal for investors seeking stable income with long-term upside.
Currently leased at $3,000 per month, the property provides immediate income while maintaining future flexibility for an owner-user looking to establish a presence in a high-demand coastal location.
This asset stands out due to its unique combination of income, functionality, location, and long-term upside. The surrounding Woodmont area is known for its strong residential demographics, shoreline appeal, and limited commercial inventory, creating consistent demand and supporting future appreciation.
Whether you are an investor seeking a strategically located income-producing asset or an owner-operator looking for a turnkey automotive location, this is a rare opportunity to secure a commercial property that offers immediate income, future flexibility, and long-term upside in one of Milford’s most desirable coastal neighborhoods.
Environmental Disclosure
The seller is currently working with environmental professionals regarding a prior groundwater-related matter. Additional information and related reports will be made available to qualified buyers during the due diligence period.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,260 SF
Building Class
C
Year Built
1950
Price
$499,999
Price Per SF
$396.82
Cap Rate
6.12%
NOI
$30,618
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.19 AC
Zoning
R7.5 - R7.5

Amenities

  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
MILF-000082-000780-000003
Land Assessment
$132,890
Improvements Assessment
$26,260
Total Assessment
$159,150
  • Listing ID: 40665308

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: 1534 New Haven Ave, Milford, CT 06460

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