583 Howe Ave Shelton, CT 06484

Listing office BHGRE Shore & Country j***@gmail.com Show Phone

Listing date Mar 27, 2026

Source Exprealty

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Investment Insights

Based on property information with market context.

This 0.55-acre corner lot presents an outstanding redevelopment opportunity. Located at 583 Howe Avenue in Shelton, CT, the property is zoned IB-2 and offers excellent potential for multifamily residential or mixed-use development through special exception or Planned Development District (PDD). The corner configuration provides controlled access, making it well-suited for underground parking. The believed maximum height is 5 stories from Howe Street grade, offering attractive upper-floor views. Phase I & II reports from 2018 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.

Key Highlights

• Redevelopment opportunity on 0.55‑acre corner lot.
• Zoned IB‑2 with potential for multifamily or mixed‑use development.
• Prime corner configuration suited for underground parking.

Property Analytics

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FAQs

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 lease rate?

The lease rate is $1,799,000.

What are key features of this property?

This property features: Redevelopment opportunity on 0.55‑acre corner lot.; Zoned IB‑2 with potential for multifamily or mixed‑use development.; Prime corner configuration suited for underground parking.