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Shelton Land Opportunity
For Sale
$900,000
Pending

255 Canal St, Shelton, CT 06484

Three vacant lots totaling 1.13 acres in Shelton, CT.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market167

Property Features for 255 Canal St

General Information

Standard status Pending
Lot size 1.00 Acre
Property subtype Commercial
Listing Agency: Romano Real Estate
Listed By: Gerald Romano · License #REB.0581950
Source: Elliman
Added: Mar 11 Changed: Aug 13 Last Checked: Aug 24 at 3:16AM

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 Romano Real Estate

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

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Auto Parts Store 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.

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

Demographics for 06484, CT

40,869
Population
16,578
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
94%
High-School Grad
30.6 sq mi
ZIP Area
1,336
Density / Sq Mi
$114,739
Median Household Income
$62,338
Median Earnings
$1,661
Median Rent
$435,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

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
More about this property
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