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Self Storage Facility Redevelopment Site

583 Howe Ave, Shelton, CT 06484

For Sale
$1,799,000

Corner property with IB-2 zoning and redevelopment potential through special exception or Planned Development District approval.

Property Size11,300 SF
Lot Size0.55 Acres
Price / SF$159.20
Days on Market50

Property Features for 583 Howe Ave

General Information

Standard status Active
Size 11,300 SF
Lot size 0.55 Acres
Zoning IB-2

Additional Details

Road Access Yes

Building Details

Year Built 1910
Listing Agency: BHGRE Shore & Country
Listed By: Jason Kinard
Source: Homesbyshoshana
Added: Sep 21 Changed: Nov 5 Last Checked: Nov 8 at 10:21AM

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 BHGRE Shore & Country

Rey
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Investment Insights

Based on property information with market context.

This 0.55-acre corner property at 583 Howe Avenue is classified as a self storage facility and is positioned for redevelopment. The site is zoned IB-2 and has a dead-end configuration with controlled access. The source information identifies potential for multifamily residential or mixed-use development through a special exception or Planned Development District, subject to applicable approvals.

The property has a reported maximum height of 5 stories from Howe Street grade, with upper-floor views noted in the property information. A 2018 Phase I and II environmental review confirmed one historical recognized environmental condition was fully investigated, with no groundwater impact and no open CTDEEP case. Capital improvements have been completed since 2018, and a full DD package is available by appointment.

Key Highlights

  • 0.55‑acre corner lot at 583 Howe Avenue, Shelton, CT
  • IB‑2 zoning with special exception or PDD redevelopment pathway
  • Dead‑end configuration with controlled access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shred Nations Business To Business Service U-Haul Neighborhood Dealer Car Rental Facility Shelton Storage Solutions ... Storage Facility Rent-A-Factory Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery 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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,057
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Corner property with IB-2 zoning and redevelopment potential through special exception or Planned Development District approval.
Where is this self storage facility 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.
What are key features of this property?
This property features: 0.55‑acre corner lot at 583 Howe Avenue, Shelton, CT; IB‑2 zoning with special exception or PDD redevelopment pathway; Dead‑end configuration with controlled access
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