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Mixed-Use Property in Naugatuck
For Sale
$599,000
Pending

671 Rubber Ave, Naugatuck, CT 06770

Mixed-use property with retail, greenhouses, and residential units.

Days on Market99

Property Features for 671 Rubber Ave

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1986
Listing Agency: West View Properties, LLC
Listed By: Joseph Conforti · License #RES.0790965
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 11:05AM

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 West View Properties, LLC

Investment Insights

Based on property information with market context.

This mixed-use property is located in the heart of Naugatuck's business district. It features a retail storefront and four greenhouses used for flowers, garden supplies, and gifts. Established in 1988, the property also includes three residential rental units, consisting of one 2-bedroom apartment and two studio apartments. These units generate a combined rental income of $2,740 per month. The tenants operate on a month-to-month basis, providing flexibility for potential investors or owner-operators. This property presents an opportunity to own an established business with multiple income streams in a central location. The property has a walk score of 56, indicating it is somewhat walkable, and a bike score of 38, meaning it is somewhat bikeable.

Key Highlights

  • Established gift and garden center business (est. 1988) with existing customer base.
  • Prime location in the heart of Naugatuck's business district.
  • Multiple income streams from retail business and three residential rental units.

Property Analytics

Current Use

Unique Gift & Garden Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Big Box & Wholesale Store Building Supply

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

262
Businesses Nearby

Demographics for 06770, CT

31,634
Population
13,156
Households
2.4
Avg Household Size
40
Median Age
32%
College-Educated
91%
High-School Grad
16.4 sq mi
ZIP Area
1,929
Density / Sq Mi
$92,047
Median Household Income
$47,615
Median Earnings
$1,309
Median Rent
$241,500
Median Home Value

Market

Properties on Market for Mixed-use properties in New Haven County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with retail, greenhouses, and residential units.
Where is this mixed-use property located?
The property is located at 671 Rubber Ave Naugatuck, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Established gift and garden center business (est. 1988) with existing customer base.; Prime location in the heart of Naugatuck's business district.; Multiple income streams from retail business and three residential rental units.
More about this property
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