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Riverfront Development Land
For Sale
$900,000

255 Canal St, Shelton, CT 06484

Vacant riverfront lots offer utilities availability and PDD-60 zoning for apartments, condos, retail, or office use.

Property SizeContact for details
Lot Size1.13 Acres
Days on Market824

Property Features for 255 Canal St

General Information

Standard status Active
Lot size 1.13 Acres
Property subtype Land
Zoning PDD-60

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,317
Listing Agency: Romano Real Estate
Listed By: Gerald Romano · License #REB.0581950
Source: Exprealty
Added: May 7, 2024 Changed: Aug 8 Last Checked: Jul 16 at 12:15PM

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.

This offering includes three vacant parcels for sale at 255 Canal Street in Shelton, CT. The main lot sits on the Housatonic River at approximately 1+/- acres, and two additional lots are located across the street. All three parcels are currently vacant and total approximately 1.13 acres. The property is zoned PDD-60, which allows for apartments, condos, retail, and office uses.

Utilities are available to the site, including sewer, water, electric, and gas. The parcels across the street are described as being on each side of Wooster Street. The listing also notes an environmental report under additional information, prepared by an Earth & Environment representative, to help prospective buyers understand the scope of environmental considerations and potential costs to ready the site for development.

With its riverfront main parcel and PDD-60 zoning, this land may fit developers and owner-users seeking flexibility for a mixed-use residential and commercial concept where site preparation and environmental review have been documented in the available report. The property is being offered with terms of a 10% deposit at signing and the balance due at closing.

Key Highlights

  • Three vacant lots for sale totaling 1.13+/- acres, with the main lot on the Housatonic River (1+/- acres).
  • Parcel 2 is 0.07+/- acres and Parcel 3 is 0.06+/- acres (both vacant).
  • PDD‑60 zoning allows apartments, condos, retail, and office use.

Property Analytics

Current Use

Waterfront 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.

Lease Details

Yes
Utilities to site

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Vacant riverfront lots offer utilities availability and PDD-60 zoning for apartments, condos, retail, or office use.
Where is this waterfront 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: Three vacant lots for sale totaling 1.13+/- acres, with the main lot on the Housatonic River (1+/- acres).; Parcel 2 is 0.07+/- acres and Parcel 3 is 0.06+/- acres (both vacant).; PDD‑60 zoning allows apartments, condos, retail, and office use.
More about this property
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