Mixed-Use Property with Outdoor
For Lease
$1,295,000
42 Naugatuck Ave, Milford, CT 06460
Remodeled mixed-use building offers main-level commercial space with outdoor seating zoning plus an upstairs office and 2-bedroom apartment.
Space SizeContact for details
Days on Market56
Property Features for 42 Naugatuck Ave
General Information
Standard status
Active
Total Parking Spaces
2
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,791
Building Details
Year Renovated
2018
Listing Agency:
eXp Realty
(203) 300-1358
Listed By:
Julie Conner · License #REB.0792605
(203) 300-1358
Source:
Exprealty
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 11 at 11:35AM
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 eXp Realty
Investment Insights
Based on property information with market context.
42 Naugatuck Ave is a remodeled mixed-use property completed in 2018, with a versatile main level currently operating as The Fig Cooking School. The space is adaptable for a range of concepts, including dining or specialty retail, and it is zoned for outdoor seating and dining. The property also includes an outdoor area suited for guest seating and related use. Above the commercial space, a separate private entrance leads to an office and a 2-bedroom apartment.
Located in Milford’s Walnut Beach area, the property is about one block from the beach and close to the boardwalk, waterfront, restaurants, shops, and year-round community activity. Additional practical details include two private parking spaces and a separate office entrance, which can support separate use and access for the upper-level office and apartment.
This configuration can fit tenants or owner-operators seeking commercial space with the ability to offer outdoor seating, while also having an upstairs component for office use, employee housing, or rental. The separate entrances and dedicated parking help support day-to-day convenience for both the commercial and upper-level spaces. For buyers looking for a renovated mixed-use layout in a beachside setting, the property presents a straightforward combination of street-level flexibility and residential income potential through the included 2-bedroom unit.
Located in Milford’s Walnut Beach area, the property is about one block from the beach and close to the boardwalk, waterfront, restaurants, shops, and year-round community activity. Additional practical details include two private parking spaces and a separate office entrance, which can support separate use and access for the upper-level office and apartment.
This configuration can fit tenants or owner-operators seeking commercial space with the ability to offer outdoor seating, while also having an upstairs component for office use, employee housing, or rental. The separate entrances and dedicated parking help support day-to-day convenience for both the commercial and upper-level spaces. For buyers looking for a renovated mixed-use layout in a beachside setting, the property presents a straightforward combination of street-level flexibility and residential income potential through the included 2-bedroom unit.
Key Highlights
- Completely remodeled mixed‑use property in Milford’s Walnut Beach neighborhood in 2018
- Main level: commercial space currently used by The Fig Cooking School with versatile layout
- Commercial zoning allows outdoor seating and dining
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled mixed-use building offers main-level commercial space with outdoor seating zoning plus an upstairs office and 2-bedroom apartment.
Where is this mixed-use property located?
The property is located at 42 Naugatuck Ave Milford, CT.
What is the lease rate?
The lease rate is $1,295,000.
What are key features of this property?
This property features: Completely remodeled mixed‑use property in Milford’s Walnut Beach neighborhood in 2018; Main level: commercial space currently used by The Fig Cooking School with versatile layout; Commercial zoning allows outdoor seating and dining
