Search
Shelton Commercial Redevelopment Opportunity
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
Listed By: Jason Kinard
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

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 Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message