628 New Haven Road Naugatuck, CT 06770

Building Details

Year Built

1960

Listing office NorthEast Private Client Group Shelton Show Phone

Listing date Jul 8, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Salem Square is a value-add mixed-use property on a 2.69-acre parcel, built in 1960. The two-story building totals about 19,266 square feet, with about 18,770 rentable, including ten ground-floor commercial suites and two rear apartments. The property also includes an entitled second-phase residential development site for a 51-unit multifamily building, with updated site plans approved by the Naugatuck Zoning Commission in September 2025.

The center fronts New Haven Road (Route 63) and has direct access to Route 8. Commercial tenants include convenience and service businesses such as Great China, Rose Spa & Nails, Salem Wine & Spirits, and Mexican Deli, with several in place for 15 years or more. The offering also presents opportunities to expand income through leasing vacant ground-floor commercial space, implementing CAM recovery, and converting a vacant rear commercial suite into two apartments, consistent with how the existing apartments were created from similar space. Waterbury and its Metro-North Waterbury Branch terminus are about ten minutes north, where a new $33.2 million station is scheduled to open in summer 2027.

Key Highlights

• 2.69‑acre parcel with an approved 51‑unit multifamily development site (updated site plans approved by the Naugatuck Zoning Commission in September 2025)
• 1960‑built two‑story building totaling about 19,266 SF, with about 18,770 SF rentable
• Ten ground‑floor commercial suites plus two rear apartments within the existing mixed‑use center

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FAQs

What type of property is this?

Mixed-use property - Two-story center with ten ground-floor retail suites and rear apartments, plus an approved 51-unit multifamily development site.

Where is this mixed-use property located?

The property is located at 628 New Haven Road Naugatuck, CT.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: 2.69‑acre parcel with an approved 51‑unit multifamily development site (updated site plans approved by the Naugatuck Zoning Commission in September 2025); 1960‑built two‑story building totaling about 19,266 SF, with about 18,770 SF rentable; Ten ground‑floor commercial suites plus two rear apartments within the existing mixed‑use center