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Restaurant Building with Masonry Foundation
New
For Lease
$599,000

18 Neumann St, Naugatuck, CT 06770

Public water and sewer, natural gas, electric service, and paved off-street parking serve the property.

Space Size5,767 SF
Lot Size0.35 Acres
Days on Market3

Property Features for 18 Neumann St

General Information

Standard status Active
Size 5,767 SF
Net Rentable 5,767 SF
Lot size 0.35 Acres

Space & Availability

Available Space 5,767 SF
Contiguous Space 5,767 SF

Additional Details

Utilities to Site Yes
Topography level

Taxes and HOA fees

Annual Taxes $13,860

Building Details

Building Size 5,767 SF
Construction frame and masonry
Listing Agency: Century 21 AllPoints Realty
Listed By: Erin Mancino · License #RES.0757916
Source: Exprealty
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:16AM

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 Century 21 AllPoints Realty

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Investment Insights

Based on property information with market context.

This restaurant property contains approximately 5,767 square feet on a level 0.35-acre parcel. The building combines frame and masonry construction with a brick and stone foundation. Interior finishes include wood and ceramic tile flooring. The property previously operated as the Milestone Inn for more than 30 years, providing a documented restaurant history.

Public water and sewer, natural gas, electric service, and paved off-street parking are on site. The parcel is in a suburban setting in Naugatuck, Connecticut. Potential uses should be confirmed with the town.

Key Highlights

  • Approximately 5,767 square feet on a level 0.35‑acre parcel
  • Restaurant use at the property for more than 30 years
  • Frame and masonry construction with a brick and stone foundation

Property Analytics

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Current Use

Don Raphael Brazilian/Portuguese ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 52% Groceries 29% Dining 16% Apparel 2%
Stop & Shop Groceries
24,997 visits/mo 0.2 miles
Ocean State Job Lot Shops & Services
17,247 visits/mo 0.2 miles
McDonald's Dining
13,906 visits/mo 0.3 miles
Dollar Tree Shops & Services
9,244 visits/mo 0.2 miles
Dollar General Shops & Services
7,219 visits/mo 0.4 miles

Demographics for 06770, CT

31,634
Population
13,156
Households
2.4
Avg Household Size
40
Median Age
32%
College-Educated
91%
High-School Grad
16.4 sq mi
ZIP Area
1,929
Density / Sq Mi
$92,047
Median Household Income
$47,615
Median Earnings
$1,309
Median Rent
$241,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Public water and sewer, natural gas, electric service, and paved off-street parking serve the property.
Where is this conventional restaurant located?
The property is located at 18 Neumann St Naugatuck, CT.
What is the lease rate?
The lease rate is $599,000.
What are key features of this property?
This property features: Approximately 5,767 square feet on a level 0.35‑acre parcel; Restaurant use at the property for more than 30 years; Frame and masonry construction with a brick and stone foundation
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