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- LoopNet Team
494-500 Howe Ave
Shelton, CT 06484
Pierpont Commons · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Downtown prime location on main corner with heavy traffic.
- Amici's is Shelton's Finest Italian Restaurant
- Property is in close proximity to the Derby-Shelton Bridge, with an influx of new development in progress.
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 26,004 SF |
| Property Subtype | No. Stories | 4 | |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1893/1985 |
| Building Class | C | ||
| Zoning | CB-2 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 26,004 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1893/1985 |
| Zoning | CB-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
ABOUT 494-500 HOWE AVE , SHELTON, CT 06484
This 4-story landmark brick building known as the Pierpont Commons was built in 1893 and was named after J.P. Morgan, one of the first developers in downtown Shelton. It is located on the very well-known historic Pierpont Block. The Building sits on a 0.35 acre lot and each floor has over 5,000 SF with some original exposed brick walls and aesthetically pleasing architecture windows. The building was completely renovated in 1984 and now houses 3 long-term retail tenants, 8 office units and 14 residential apartments. The 1st floor is retail; the 2nd floor is office space & the 3rd & 4th floors is residential.
PROPERTY TAXES
| Parcel Number | SHEL-000129D-000000-000064 | Improvements Assessment | $1,833,440 |
| Land Assessment | $57,260 | Total Assessment | $1,890,700 |
PROPERTY TAXES
