Shelton Commercial Redevelopment
For Sale
$1,799,000
583 Howe Avenue, Shelton, CT 06484
COMMERCIAL - Shelton, CT
Property Size11,300 SF
Lot Size0.54 Acres
Price / SF$159.20
Days on Market126
Property Features for 583 Howe Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IB-2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Lot features
Corner Lot, Sloping Lot
Directions
Howe Ave to 583
Standard status
Active
Size
11,300 SF
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
14344
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1910
Listing Agency:
BHGRE Shore & Country
(203) 504-5005
Listed By:
Jason Kinard
(203) 979-0920
Added: Mar 27
Changed: Jul 26
Last Checked: Jul 30 at 11:06AM
MLS# 24161986
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is an outstanding redevelopment opportunity located on a 0.55-acre dead-end corner lot at 583 Howe Avenue, 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 prime corner configuration provides 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. Phase I & II reports from 2018 (SBA cleared) confirmed one historical REC fully investigated with no groundwater impact and no open CTDEEP case. The 2024 taxes are $14,618 (current). Recent capital improvements completed since 2018 position the site as shovel-ready. The property size is 11300 Square Feet. The lot size is 0.54 acres.
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
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 Avenue 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: 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.**