Derby Ave Portfolio 2 Properties in Derby, CT

1 & 3 Derby Avenue present an outstanding investment opportunity within one of Derby’s most active commercial corridors. Positioned along Route 34, these properties offer unmatched visibility with a daily traffic count of approximately 28,000 to 31,000 vehicles, ensuring consistent exposure to prospective customers. Sold together, the sites offer a combined footprint suitable for multiple retail or service-oriented business models.
Both properties are zoned B-2, accommodating a variety of permitted uses including retail, restaurants, personal service establishments, medical practices, and boutique shops. Each property features city water and sewer connections, along with separate utility setups. Property #1 benefits from central air conditioning and natural gas heating, while Property #2 includes oil-based heating. Street parking is readily available in the immediate area, enhancing customer convenience.
The location offers immediate proximity to downtown Derby, nearby residential density, and established commercial activity. Access to major routes including Route 8 and the Merritt Parkway/Route 15 ensures connectivity throughout the region. Whether reimagined as a specialty retail hub or as a service-focused destination, these assets offer significant upside for investors seeking to capitalize on long-term economic stability and growing consumer demand in the Naugatuck Valley.