Shelton Redevelopment Opportunity on
For Sale
$1,799,000
583 Howe Ave, Shelton, CT 06484
0.55-acre corner lot suitable for multifamily or mixed-use development.
Property Size11,300 SF
Lot Size0.55 Acres
Days on Market107
Property Features for 583 Howe Ave
General Information
Standard status
Active
Size
11,300 SF
Lot size
0.55 Acres
Property subtype
Commercial
Building Details
Building Size
11,300 SF
Year Built
1910
Listing Agency:
Kinard Realty Group
(203) 979-0920
Listed By:
Jason P. Kinard
(203) 979-0920
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 6:59AM
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 Kinard Realty Group
Investment Insights
Based on property information with market context.
This 0.55-acre corner lot at 583 Howe Avenue, Shelton, CT, presents an outstanding redevelopment opportunity. Zoned IB-2, the property offers excellent potential for multifamily residential or mixed-use development through special exception or Planned Development District (PDD). The prime corner configuration allows for controlled access and is well-suited for underground parking. The believed maximum height is 5 stories from Howe Street grade, offering attractive upper-floor views. A 2018 Phase I & II report confirmed one historical REC fully investigated with no groundwater impact and no open CTDEEP case. Recent capital improvements completed since 2018 position the site as shovel-ready. The 2024 taxes are $14,618. A full DD package is available. The location has a walk score of 65, indicating it is somewhat walkable, and a bike score of 32, meaning it is somewhat bikeable.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 0.55-acre corner lot suitable for multifamily or mixed-use development.
Where is this commercial land located?
The property is located at 583 Howe Ave Shelton, CT.
What is the asking price?
The asking price for this property is $1,799,000.
