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33311444
33310908

1534 New Haven Avenue, Milford, CT 06460

EXP Commercial
Listed by EXP Commercial
$499,999
2 days on market
Updated 2 days ago

1534 New Haven Avenue

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,260
Cap Rate 6.12%
NOI $30,618
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Expiration 07/31/2026
Class C
Year Built 1950
Zoning R7.5
Investment Type Value Add
Ground Lease No
Sale Condition For sale by owner

1534 New Haven Ave, Milford, CT – Woodmont Shoreline Commercial Opportunity

Marketing description

1534 New Haven Ave, Milford, CT – Woodmont Shoreline Commercial Opportunity

Rare opportunity to acquire a well-positioned commercial asset in the highly sought-after Woodmont neighborhood, just moments from the shoreline, situated on a prominent corner lot with convenient access, strong visibility, and excellent functionality for a variety of commercial uses.

The property is currently operating as an auto repair facility and comes fully equipped with automotive lifts included in the sale. This creates a valuable turnkey opportunity for an owner-operator looking to establish or expand their business, while also offering strong appeal for investors seeking stable income with long-term upside.

The property benefits from a long-established, grandfathered commercial use and is currently approved for general auto repair with limited vehicle sales, providing operational continuity while being located within a desirable residential area.

Currently leased at $3,000 per month, the property provides immediate income while maintaining future flexibility for an owner-user looking to establish a presence in a high-demand coastal location.

This asset stands out due to its unique combination of income, functionality, location, and long-term upside. The surrounding Woodmont area is known for its strong residential demographics, shoreline appeal, and limited commercial inventory, creating consistent demand and supporting future appreciation.

Whether you are an investor seeking a strategically located income-producing asset or an owner-operator looking for a turnkey automotive location, this is a rare opportunity to secure a commercial property that offers immediate income, future flexibility, and long-term upside in one of Milford's most desirable coastal neighborhoods.

Environmental Disclosure

The seller is currently working with environmental professionals regarding a prior groundwater-related matter. Additional information and related reports will be made available to qualified buyers during the due diligence period.

Investment highlights

-Prime Woodmont shoreline location with water proximity

-Corner lot positioning with excellent visibility and accessibility

-Existing auto repair setup

-Automotive lifts included in the sale

-In-place rental income of $3,000/month

-Turnkey owner-user opportunity

-Strong investment potential in a supply-constrained market

-Long-term appreciation potential driven by coastal demand

Listing Contacts

EXP Commercial
Listed by EXP Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,618.00
$2,551.50/mo

Valuation Metrics

0
DSCR
6.12%
Cap Rate
6.12%
ROI

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