Conventional Restaurant

Milford, CT Conventional Restaurants for Sale

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Orange, CT Stratford, CT West Haven, CT
Restaurant with Redevelopment Potential
Updated: Oct 2, 2025
Restaurant with Redevelopment Potential

227 Bridgeport Avenue, Milford, CT 6460

$650,000
3,289 sqft · 0.13 AC lot
Fully operational restaurant (Liberty Rock Tavern) included in sale.
Additional income from second retail tenant.
Includes adjacent parking lot at 563 Naugatuck Avenue.
Excellent location minutes from I‑95, Milford train station, and Merritt Parkway.
Redevelopment potential in a growing area with new multifamily development nearby.
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Milford Mixed-Use Investment Opportunity
Updated: Mar 23
Milford Mixed-Use Investment Opportunity

54 Naugatuck Avenue, Milford, CT 6460

$1,200,000
4,720 sqft · 0.10 AC lot
Prime location steps from Walnut Beach, boutique shops, and restaurants.
Stable, long‑term leased ground‑floor restaurant provides immediate income.
Four oversized studio/one‑bedroom apartments with high rental demand and upside potential.
Separate gas and electric utilities for each unit ensure low overhead and simplified management.
Easy commute to New Haven and New York City via Milford Metro‑North Station (7 minutes away).
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Milford, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building in Revitalized Downtown
Mixed-Use Building in Revitalized Downtown

17 Elizabeth Street, Derby, CT 6418

$1,375,000
13,500 sqft · 0.28 AC lot

Mixed-use building with retail and office space in downtown Derby.

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Bridgeport Commercial Property For Sale
Bridgeport Commercial Property For Sale

875 E Main St, Bridgeport, CT 6608

$885,000

Commercial property in up-and-coming Bridgeport area with established tenants.

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Established Restaurant and Bar Opportunity
Established Restaurant and Bar Opportunity

5 Main St, Derby, CT 6418

$770,000

Well-established restaurant and bar in the heart of Derby.

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Renovated Mixed-Use Investment Property
Renovated Mixed-Use Investment Property

1189 Central Avenue, Bridgeport, CT 6607

$898,000
3,000 sqft · 0.11 AC lot

Fully renovated mixed-use property with residential and commercial units.

View details

Milford, CT Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Milford, CT on our real estate platform. These investment opportunities span a total of 8,009 square feet of properties for sale, with an estimated market value of $1,850,000.

Sale prices for conventional restaurants in Milford, CT start at $650,000, averaging $925,000, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5
Bars & Pubs 2

Demographics Overview

Population 52K
Population Growth (5Y) -1.8%
Median Household Income $111,834
College Educated 68.4%

High-Yield Neighborhoods for Investment

Identify Milford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06460 $925K

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $30.46 per SF
Tax Rate vs County Average 1.00 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New Haven County

New Delisted

Total CRE Inventory on Market (SF)

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