Waterfront Property with Redevelopment
For Sale
$4,250,000
506 Whitfield Street, Guilford, CT 06437
Waterfront property suitable for offices, restaurant, marine use, or condos.
Property Size6,613 SF
Lot Size0.59 Acres
Price / SF$642.67
Days on Market885
Property Features for 506 Whitfield Street
General Information
Standard status
Active
Size
6,613 SF
Lot size
0.59 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$52,973
Amenities
Central air
Asphalt Shingle Roof
Sidewalk
Central Air Cooling
Gutters
Hot Air Heating
Level Lot
Lighting
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty
(203) 878-7424
Listed By:
JOSEPH PISCITELLI · License #RES.0542931
Source:
Corcoran
Added: Mar 6, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This waterfront property, known as The Old Stone House, is currently utilized as offices and a research laboratory. The property offers potential for redevelopment into a high-end restaurant, marine-related business, boat sales, or residential condominiums. The sale includes a portion of Lots 81, 82, and 100. Note that town maps should not be used, as the current owner will divide a small portion of the properties. All lot lines are subject to approvals and should not be considered accurate at this time. The location is convenient to the Village, train station, Yale University, and Bradley International Airport, with New York City 75 miles away. The property contains 6,613 square feet. This property at 506 Whitfield Street can be sold with 530 Whitfield MLS# 24000145 for possible compound or campus.
Key Highlights
- Waterfront property offering diverse possibilities: restaurant, marine, or residential.
- Unique "Old Stone House" brimming with historic charm.
- Explore the potential for a compound or campus setup by acquiring the adjacent property (530 Whitfield, MLS# 24000145).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Explore this area
Business Placement
Demographics for 06437, CT
22,064
Population
9,773
Households
2.3
Avg Household Size
50
Median Age
58%
College-Educated
98%
High-School Grad
47.1 sq mi
ZIP Area
468
Density / Sq Mi
$130,036
Median Household Income
$68,217
Median Earnings
$1,754
Median Rent
$491,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Waterfront property suitable for offices, restaurant, marine use, or condos.
Where is this office building located?
The property is located at 506 Whitfield Street Guilford, CT.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Waterfront property offering diverse possibilities: restaurant, marine, or residential.; Unique "Old Stone House" brimming with historic charm.; Explore the potential for a compound or campus setup by acquiring the adjacent property (530 Whitfield, MLS# 24000145).
