17-21 Elizabeth St 23,175 SF 100% Leased Retail Building Derby, CT 06418 $1,375,000 ($59.33/SF)

17 Elizabeth Street in Derby, Connecticut presents a rare opportunity to acquire a substantial mixed-use building in the heart of the city’s revitalized downtown district. With approximately 23,175 square feet of gross area and roughly 13,500 square feet of usable space, the property features four retail storefronts at street level and a second floor configured for office use. A former restaurant space of approximately 5,500 square feet—previously home to Riverwalk Social Bar & Restaurant and, before that, the well-known Archie Moore’s—remains largely fit-out and ready for repurposing. Located directly next to Derby Town Hall with immediate access to Route 34 and Route 8, this site benefits from strong visibility and connectivity. The surrounding area has undergone significant public investment, including streetscape improvements, infrastructure upgrades, and new residential development, positioning this property as a prime candidate for multifamily conversion, adaptive reuse, or continued commercial operation. Whether for an owner-user, investor, or developer, 17 Elizabeth Street offers scale, flexibility, and a strategic location in a growing market.