17-21 Elizabeth St - Storefront Retail/Office FOR SALE


Derby, CT 06418
$1,500,000 USD
203-610-9670
17-21 Elizabeth St, Derby, CT for Sale
$1,500,000 USD
Storefront Retail/Office - FOR SALE
1/9
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17-21 Elizabeth St
Derby, CT 06418


OVERVIEW

17 Elizabeth Street in Derby, Connecticut presents a rare opportunity to acquire a substantial mixed-use building in the heart of the city’s revitalized downtown district. With approximately 23,175 square feet of gross area and roughly 13,500 square feet of usable space, the property features four retail storefronts at street level and a second floor configured for office use. A former restaurant space of approximately 5,500 square feet—previously home to Riverwalk Social Bar & Restaurant and, before that, the well-known Archie Moore’s—remains largely fit-out and ready for repurposing. Located directly next to Derby Town Hall with immediate access to Route 34 and Route 8, this site benefits from strong visibility and connectivity. The surrounding area has undergone significant public investment, including streetscape improvements, infrastructure upgrades, and new residential development, positioning this property as a prime candidate for multifamily conversion, adaptive reuse, or continued commercial operation. Whether for an owner-user, investor, or developer, 17 Elizabeth Street offers scale, flexibility, and a strategic location in a growing market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Main St

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

CDD

APN/PARCEL ID

DERB-000008-000005-000079

ASK ABOUT THIS PROPERTY

Ralph LewisRalph A Lewis IIIMore Info
203-610-9670

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Ralph LewisRalph A Lewis IIIMore Info
203-610-9670

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