RARE DOWNTOWN SHELTON INVESTMENT OPPORTUNITY! Exceptional opportunity to own a multi-building commercial property in the heart of downtown Shelton! Known as 509- 513 Howe Avenue, this unique investment offers established rental income with tremendous potential for additional revenue and future development. Building 509 currently generates strong rental income from two established businesses, including a restaurant and gymnastics studio. The additional buildings offer three commercial storefronts available for lease, creating immediate opportunities to expand income. One storefront is partially framed for a bar or restaurant, offering an exciting opportunity for an owner/operator. Two additional lower-level apartments are approximately 75% complete and could provide further rental income once finished. Adding even more potential, the property has approvals for future development. Unlike many downtown properties, this opportunity also includes a brand-new parking lot with over 20 spaces! Whether you're an investor seeking multiple income streams, a restaurant or business owner looking for an established location, or a developer looking to capitalize on downtown Shelton's continued growth, this property offers exceptional potential. Established income, available space, and exciting possibilities for the future!
Welcome to 269 Coram Avenue! This well established Church is ready for its next owner! Located on a corner lot, this property offers not only an 8000+ square foot Church, it also convey with a large 2-family home. There is so much potential for this conveniently located property. The City of Shelton is motivated to work with new owners and developers to help facilitate growth in Shelton.
Grab a piece of History! Center Street Social- a local Shelton fixture his on the market and waiting for you to continue the story. This free standing Bar/Cafe is located in the heart of Downtown Shelton and is just a 5 minute walk from all the new Luxury Housing and apartments. Recently fully remodeled, the Shelton staple is a fixture in the Downtown restaurant and bar scene. The restaurant has an indoor seating capacity of 79 and features a covered outdoor patio with additional bar and seating. 2nd floor features a DJ booth, storage office space and high end security system. Property comes with business fixtures and fully appointed commercial kitchen and bar.
Shelton is located in Connecticut. Shelton, Connecticut has a population of 40,944. Shelton is less family-centric than the surrounding county with 27.86% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Shelton, Connecticut is $103,647. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Shelton is 47.9 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 51.2 inches per year, with 40 inches of snow per year.
