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Live-Work Property with Warehouse
For Sale
$775,000

233 W River Street, Milford, CT 06460

Commercial For Sale, Milford, CT

Property Size4,591 SF
Lot Size0.22 Acres
Price / SF$168.81
Days on Market149

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 · License #REB.0795028
Added: May 10 Changed: Oct 4 Last Checked: Oct 5 at 2:06PM
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 brings together a residence and commercial workspace. The home has a living room, dining room, kitchen, and bedroom on the main level, with two additional bedrooms upstairs. It also includes a full bath on the main floor and a half bath above. An attached one-car garage connects to the commercial building, which contains office areas, storage, a loft, and a tandem garage. The property totals 4,591 square feet on 0.22 acres and is zoned CDD1.

The original barn area has a crawl space; the office, garages, and portions of the storage area sit on concrete slabs. Public water and sewer serve the property, and cable is available.

Key Highlights

  • Live‑work property with a residence and commercial workspace
  • 4,591 square feet on 0.22 acres
  • Warehouse building includes office areas, storage, a loft, and a tandem garage

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Live-work space - The offering combines a residence with warehouse, office, and garage space for a flexible live-work setup.
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 $775,000.
What are key features of this property?
This property features: Live‑work property with a residence and commercial workspace; 4,591 square feet on 0.22 acres; Warehouse building includes office areas, storage, a loft, and a tandem garage
More about this property
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