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Executive Summary
227 Bridgeport Avenue in Milford, CT presents a rare opportunity to acquire a fully operational restaurant with additional income and redevelopment potential. The property includes a 3,289± SF building with two retail tenants, one being Liberty Rock Tavern—an established restaurant with updated interior since 2016—and the adjacent parking lot at 563 Naugatuck Avenue. Located minutes from I-95, the Milford train station, and the Merritt Parkway, the site benefits from strong visibility and access. New multifamily development directly to the north and a thriving downtown district underscore the area’s momentum. Offered at $750,000, the sale includes the building, business, and parking lot. City water, city sewer, and natural gas in place. Ideal for an owner-operator or investor seeking a value-add or redevelopment play.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,939 SF
Building Class
C
Year Built
1920
Price
$650,000
Price Per SF
$165.02
Percent Leased
100%
Building Height
1 Story
Building FAR
0.70
Lot Size
0.13 AC
Zoning
CDD2
Parking
6 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
46’ on U.S. Route 1
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | MILF-000100-000805-000014A | Improvements Assessment | $876,720 |
| Land Assessment | $1,167,880 | Total Assessment | $2,044,600 |
Property Taxes
Parcel Number
MILF-000100-000805-000014A
Land Assessment
$1,167,880
Improvements Assessment
$876,720
Total Assessment
$2,044,600
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227 Bridgeport Ave
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