Strip Mall

New Milford, CT Strip Malls for Sale

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New Milford Investment Opportunity
Updated: Sep 7, 2025
New Milford Investment Opportunity

43 Main St, New Milford, CT

$2,700,000
21,150 sqft · 0.98 AC lot
7.5% Cap Rate: Provides a strong and stable return on investment.
Prime Location on New Milford Green: Enjoy high visibility and foot traffic.
Expansion & Growth Potential: Includes a vacant 3,480 SF second story suitable for redevelopment.
Strong Income Profile with Established Tenants: Anchored by national and local tenants.
Proactive Economic Environment: Benefits from municipal support including tax abatements.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Milford, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Strip Center with Major Retail Tenants
Strip Center with Major Retail Tenants

16 Red Bush Lane, Milford, CT 06461

$1,695,000
8,000 sqft · 0.85 AC lot

Freestanding strip center with 8,000 SF and CDD5 zoning, positioned on Boston Post Road.

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Commercial Land for Retail and Services
Commercial Land for Retail and Services

1545 Route 22, Brewster, NY 10509

$1,200,000
2.13 AC lot

A 2.13-acre commercial-zoned site for redevelopment into retail, professional, healthcare, or worship uses.

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Strip Mall with 8 Retail Spaces
Strip Mall with 8 Retail Spaces

1457 Meriden Rd, Wolcott, CT 6716

$1,980,000
13,878 sqft · 5.19 AC lot

1990-built strip mall featuring eight long-tenanted storefront units in a heavy-traffic Wolcott corridor.

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Strip Center on Boston Post
Strip Center on Boston Post

16 Red Bush Lane, Milford, CT 6461

$1,695,000
8,000 sqft · 0.85 AC lot

Strip center on Boston Post Road with upgrade potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Lot in Middletown, NY
Corner Lot in Middletown, NY

Airport Road, Middletown, NY 10940

$450,000
2.90 AC lot

Corner lot suitable for any non-residential use.

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Commercial Land in Mastic, NY
Commercial Land in Mastic, NY

1287 Montauk Highway, Mastic, NY 11950

$749,500
0.31 AC lot

Commercial land near shopping center and residential neighborhoods.

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Highway Development Opportunity in Allentown
Highway Development Opportunity in Allentown

22 Route 524, Allentown, NJ 08501

$1,500,000
8.84 AC lot

8.84 acres of land for development in Upper Freehold.

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Approved Land for Retail Center
Approved Land for Retail Center

4 Union Boulevard, Barnegat, NJ 8005

$365,000

Land with approvals for a retail strip center.

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New Milford, CT Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in New Milford, CT on our real estate platform. These investment opportunities span a total of 21,150 square feet of properties for sale, with an estimated market value of $2,700,000.

Sale prices for retail strips in New Milford, CT start at $2,700,000, averaging $2,700,000, and reaching up to $2,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 4
Automotive properties 3
Storefront properties 3
Auto shops 2

Demographics Overview

Population 27K
Population Growth (5Y) +4.2%
Median Household Income $102,240
College Educated 56.6%

Taxes & Financing

Tax Rate (average for all types) 2.90%
Property Tax per SF $38.92 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Litchfield County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in New Milford fall within the 100,000+ square foot range.

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