Mixed-Use Retail and Apartment
628 New Haven Road Naugatuck, CT 06770
628 New Haven Road, Naugatuck, CT, 06770
Contact for pricing
For Sale
Contact for pricing
Two-story center with ten ground-floor retail suites and rear apartments, plus an approved 51-unit multifamily development site.
Property Size18,770 SF
Lot Size2.69 Acres
Price / SF$202.45
Days on Market10
Property Features for 628 New Haven Road
General Information
- Standard status
- Active
- Size
- 18,770 SF
- Lot size
- 2.69 Acres
- Property subtype
- Multifamily, Mixed Use, Land
Building Details
- Year Built
- 1960
Listing Agency
NorthEast Private Client Group Shelton
(203) 307-1574
Listed by
Bradley Balletto · License #CT: 0792835
Source
Crexi
Added: Jul 8 Checked: Jul 17 at 10:07 am
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 NorthEast Private Client Group Shelton
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.
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
Property Analytics
Location Intelligence
Current Use by Public Records
Billy Ziegenbalg: Allstate ...
Insurance Agency
Great China
Restaurant
Action Jacksons Pizza ...
Take-out & Catering
Video Temptations
Adult Dvd Store
Tino's Cafe
Restaurant
Similar For Sale Nearby
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
