Shelton Land Opportunity

255 Canal St Shelton, CT 06484

Claim this Listing
For Sale
$900,000

Three vacant lots totaling 1.13 acres in Shelton, CT.

Type:Commercial
Lot size:
1.00 Acre
Added:
Mar 11, 2026
Days on Market:
122
Last Refresh:
Jul 2 at 9:16 am

Property Features for 255 Canal St

General Information

Standard status
Active
Lot size
1.00 Acre
Property subtype
Commercial

Listing office

Listing date Mar 11, 2026

Source Elliman

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 Gerald Romano


Investment Insights

Based on property information with market context.

Three vacant lots are available for sale on Canal Street East in Shelton, CT. The main lot, approximately 1 acre in size, is situated on the Housatonic River. The other two lots are located across the street, one on each side of Wooster Street, with parcel two measuring approximately 0.07 acres and parcel three approximately 0.06 acres. Combined, the three lots total approximately 1.13 acres. The zoning is PDD-60, which allows for apartments, condos, retail, and office spaces. Sewer, water, electric, and gas utilities are available. The property is located approximately 1.5 miles from the Derby Train Station, just across the bridge into Derby. Taxes for lot 129-26 (0.06 acres) are $473, for lot 129-25 (0.07 acres) are $406, and for 255 Canal Street (1.0 acres) are $1,223. An updated summary report is available under additional information to assist prospective buyers in understanding the scope of the property and estimating environmental costs to prepare the site for development. The report was written by Michael Manolaskas, LP, PG, Vice President, Local Business Leader, Earth & Environment, WSP USA.

Key Highlights

  • Prime 1+/- acre waterfront lot on the Housatonic River
  • Zoned PDD‑60, allowing for Apartments, Condos, Retail, or Office development
  • All utilities available: sewer, water, electric, and gas

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Pharmacy Auto Parts Store Storage Facility Auto Repair Shop Hotel & Motel Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Three vacant lots totaling 1.13 acres in Shelton, CT.
Where is this commercial land located?
The property is located at 255 Canal St Shelton, CT.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Prime 1+/- acre waterfront lot on the Housatonic River; Zoned PDD‑60, allowing for Apartments, Condos, Retail, or Office development; All utilities available: sewer, water, electric, and gas
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More about this property
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