282 Boston Post Rd Milford, CT 06460-2527

This exceptional 6.1-acre commercial and residential portfolio in Milford, Connecticut, presents a prime development opportunity. Located on Route 1 at the signalized intersection of Boston Post Road and Plains Road, this property boasts high visibility and accessibility with 546 linear feet of frontage and four curb cuts. The portfolio includes a 948 square foot convenience store currently leased until May 31, 2035, projected to generate $36,702 in income in 2024, with a 2% annual increase. Eight additional parcels comprise the offering: five residential homes situated on Bailey Lane, a 0.49-acre vacant lot, a 17,150 square foot warehouse, a 4,900 square foot retail store, a 3,645 square foot retail store, a 4,460 square foot garage, and a 7,830 square foot service shop. The property is zoned Corridor Design Development District (CDD-1), offering significant development flexibility. Its strategic location is further enhanced by proximity to I-95 (Exit 36), the Milford Parkway Connector to Route 15, the Milford Metro-North Train Station, and a Coastal Link Bus Stop. Nearby amenities include Dunkin', Aldi, Chase Bank, The Milford Bank, Cumberland Farms, Big Y World Class Market, and the Hampton Inn Milford. The asking price for this unique mixed-use portfolio is $6,750,000.