1534 New Haven Ave - Auto Repair FOR SALE


Milford, CT 06460- Woodmont
$499,999 USD
860-857-5112
1534 New Haven Ave, Milford, CT for Sale
$499,999 USD
Auto Repair - FOR SALE
1/18
null | 6.12% Cap Rate

1534 New Haven Ave
Milford, CT 06460
Woodmont


HIGHLIGHTS

  • Prime Woodmont shoreline location with water proximity
  • Corner lot positioning with excellent visibility and accessibility
  • Existing auto repair setup with automotive lifts included in the sale and 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

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$499,999 USD

PRICE/SF

$397 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,366 SF

ZONING

R7.5

APN/PARCEL ID

MILF-000082-000780-000003

ASK ABOUT THIS PROPERTY

Fallyn Fonville-SmitheXp CommercialMore Info
860-857-5112

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Fallyn Fonville-SmitheXp CommercialMore Info
860-857-5112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.