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Off Market
1/8

494-500 Howe Ave
Shelton, CT 06484


HIGHLIGHTS

  • Downtown prime location on main corner with heavy traffic.
  • Property is in close proximity to the Derby-Shelton Bridge, with an influx of new development in progress.
  • Amici's is Shelton's Finest Italian Restaurant

OVERVIEW

This 4-story landmark brick building known as the Pierpont Commons was built in 1893 and was named after J.P. Morgan, one of the first developers in downtown Shelton. It is located on the very well-known historic Pierpont Block. The Building sits on a 0.35 acre lot and each floor has over 5,000 SF with some original exposed brick walls and aesthetically pleasing architecture windows. The building was completely renovated in 1984 and now houses 3 long-term retail tenants, 8 office units and 14 residential apartments. The 1st floor is retail; the 2nd floor is office space & the 3rd & 4th floors is residential.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Pierpont Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Office/Residential

TOTAL BUILDING SIZE

26004

STORIES

4

YEAR BUILT

1893

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

SHEL-000129D-000000-000064