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Live-Work Building with Office Space
For Sale
$840,000

233 W River Street, Milford, CT 06460

COMMERCIAL - Milford, CT

Property Size4,591 SF
Lot Size0.22 Acres
Price / SF$182.97
Days on Market104

Property Features for 233 W River Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CDD1
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Parking 7
Exterior features Storage Building
Lot features Level Lot
Directions Boston Post Rd to W. River St
Standard status Active
Size 4,591 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5618

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Flooring type Wood
Additional Structures Storage
Listing Agency: Houlihan Lawrence WD
Listed By: Chris Lovejoy
Added: May 10 Changed: Aug 16 Last Checked: Aug 21 at 3:06PM
MLS# 24174397

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This live-work property pairs a 1920s Cape Cod residence with a commercial warehouse component. The home offers a living room, dining room, kitchen, bedroom, and full bath on the main floor, with two additional bedrooms and a half bath upstairs. An attached one-car garage connects to the commercial building, which is described as a former barn with a loft and a versatile workspace. The warehouse includes office areas and a tandem garage, with a crawl space beneath the original barn and portions of the office space, garages, and storage areas on concrete slabs.

The offering includes both 231 W. River Street and 233 W. River Street. The commercial component is noted as highly visible on Boston Post Rd.

Zoning is listed as CDD1. The property’s total land area is 0.22 acres.

Key Highlights

  • Includes 231 W. River and 233 W. River for a combined price of $840,000 (see MLS 24174394)
  • Commercial warehouse right on Boston Post Rd with over 4,000 sq. ft. of versatile workspace, plus office areas and a tandem garage
  • Attached one‑car garage connects the Cape Cod residence to the commercial building

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Florist Parking Lot & Garage Bakery Nursing Home

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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby

Demographics for 06460, CT

37,310
Population
17,800
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,009
Density / Sq Mi
$106,776
Median Household Income
$66,334
Median Earnings
$1,804
Median Rent
$372,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Historic 1920s residence attached to a warehouse with office areas and a tandem garage on Boston Post Rd.
Where is this live-work space located?
The property is located at 233 W River Street Milford, CT.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Includes 231 W. River and 233 W. River for a combined price of $840,000 (see MLS 24174394); Commercial warehouse right on Boston Post Rd with over 4,000 sq. ft. of versatile workspace, plus office areas and a tandem garage; Attached one‑car garage connects the Cape Cod residence to the commercial building
More about this property
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