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523 Howe Ave 0.23 Acres of Residential Land Offered at $575,000 in Shelton, CT 06484
INVESTMENT HIGHLIGHTS
- High Foot Traffic and great visibility to passing drivers.
- Aligns with Shelton’s downtown revitalization plans.
- Proximity to shops, restaurants, and amenities in Shelton Center.
EXECUTIVE SUMMARY
This site offers a new development opportunity that aligns with Shelton's revitalization efforts and meets the growing demand for downtown residential and retail space.
Its central location, pending redevelopment approvals, and local interest in parking upgrades make it especially appealing for investors seeking to develop or repurpose
property in a growing market.
Its central location, pending redevelopment approvals, and local interest in parking upgrades make it especially appealing for investors seeking to develop or repurpose
property in a growing market.
PROPERTY FACTS
| Price | $575,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Property Type | Land | ||
| Zoning | CB-2 - Commercial Lot Mixed use Development | ||
| Price | $575,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.23 AC |
| Zoning | CB-2 - Commercial Lot Mixed use Development |
1 LOT AVAILABLE
Lot
| Price | $575,000 | Lot Size | 0.23 AC |
| Price Per AC | $2,500,000.00 |
| Price | $575,000 |
| Price Per AC | $2,500,000.00 |
| Lot Size | 0.23 AC |
Pending approvals for 2,000 SF of retail, 5 studio apartments, 7 one-bedroom apartments, 12 parking spaces.
DESCRIPTION
523 Howe Ave in Shelton is a level previously developed lot.
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | SHEL-000129B-000000-000036 | Improvements Assessment | $0 |
| Land Assessment | $57,260 | Total Assessment | $57,260 |
PROPERTY TAXES
Parcel Number
SHEL-000129B-000000-000036
Land Assessment
$57,260
Improvements Assessment
$0
Total Assessment
$57,260
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523 Howe Ave
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