405 River Road

Shelton, CT 06484

  • $1,700,000
  • 4/1 Baths
  • 7,838 Sqft
  • 0.73 Acres
  • 2020 Built
  • $217 Price/Sqft

Mixed use commercial and residential buildings to be sold strictly as package with owner financing. #415 totally rehab'ed in 2020. #405 built in 2016. Each building features two storefronts (4 in all) on the ground level with apartments above, providing retail and residential income streams. The property is fully leased, making it attractive for investors seeking stable income, with the added benefit of owner financing to facilitate the sale. Situated in Fairfield County on a high-traffic State Rd linking Stratford and downtown Shelton with easy access to Routes 8 and 15. Commercial tenants are thriving in this highly visible location, directly across the street from Sunnyside Elem School and surrounded by convenience stores, restaurants and apartment buildings.

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Property Highlights
  • DAYS ON MARKET : 34
  • MLS : 24105647

Additional Information

ADDITIONAL INFORMATION
  • AREA TYPE: Urban
  • AVERAGE DAYS ON MARKET: 17
  • DAYS ON MARKET: 34
  • GROSS EXPENSES: 36782
  • GROSS INCOME: 158400
  • HANDICAP FEATURES: Accessible Bath, Handicap Parking
  • IS OCCUPIED?: Tenant
  • LIVING AREA SQFT: 7,838
  • PRESENT USE: Retail, Res Income
  • PROPERTY TAX: $5,144
  • ROAD FRONTAGE DESCRIPTION: State Road
  • SEWER: Public Sewer Connected
  • TAX AMOUNT: $5,144
  • TAX YEAR: July 2025-June 2026
  • TYPE: Commercial For Sale
  • UNIT COUNT: 8
  • UTILITIES AVAILABLE: Electric, Gas
  • YEAR BUILT: 2020
  • ZONING: Retail, Residential
AMENITIES
  • Window Display
INTERIOR/EXTERIOR FEATURES
  • AIR CONDITIONING: Central Air, Split System
  • COOLING: Central Air, Split System
  • FLOORING: Tile, Wood
  • FULL BATHS: 4
  • FURNACE TYPE: Electric, Natural Gas
  • HALF BATHS: 1
  • HEAT: Electric, Natural Gas
  • HEAT FUEL: Electric, Natural Gas
  • LIVING SQFT SOURCE: Public Records
  • ROOF: Asphalt Shingle
  • STORIES: 2

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Location for 405 River Road, Shelton, CT

Community

Shelton>

Shelton

Fairfield County, Connecticut

The city of Shelton, located in Fairfield County, has enjoyed positive growth and revitalization over the past several decades. Its downtown has seen an influx of new businesses as its municipal leaders...

Market Stats for Shelton, Connecticut

An exclusive report that informs you of residential real estate sales activity and trends in Shelton, Connecticut.

Request More Info for 405 River Road, Shelton, CT

  • William Pitt Sotheby's International Realty

Listing Courtesy of Susan Jenness of William Raveis Real Estate (203.261.0028).