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Investment Highlights

  • High Foot Traffic and great visibility to passing drivers.
  • Aligns with Shelton’s downtown revitalization plans.
  • Proximity to shops, restaurants, and amenities in Shelton Center.

Executive Summary

This site offers a new development opportunity that aligns with Shelton's revitalization efforts and meets the growing demand for downtown residential and retail space.
Its central location, pending redevelopment approvals, and local interest in parking upgrades make it especially appealing for investors seeking to develop or repurpose
property in a growing market.

Property Facts

Price $786,083 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Apartment Units
  • Storefront, Retail or Residential
Total Lot Size 0.23 AC
Zoning CB-2 - Commercial Lot Mixed use Development

1 Lot Available

Lot

Price $786,083 CAD
Price Per AC $3,417,750.00 CAD
Lot Size 0.23 AC

Pending approvals for 2,000 SF of retail, 5 studio apartments, 7 one-bedroom apartments, 12 parking spaces.

Description

523 Howe Ave in Shelton is a level previously developed lot.

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
SHEL-000129B-000000-000036
Land Assessment
$78,280 CAD
Improvements Assessment
$0 CAD
Total Assessment
$78,280 CAD
  • Listing ID: 37276230

  • Date on Market: 2025-08-14

  • Last Updated:

  • Address: 523 Howe Ave, Shelton, CT 06484

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