549 Howe Avenue Shelton, CT 06484

Investors take notice. Tremendous opportunity. Located in the heart of downtown Shelton. This 54,884 square foot building consist of retail along Howe Avenue. Mixed use and office space inside the atrium and third floor offers more rentable space that's currently not rented. Most of the tenants have been there for many years. The rents are well below market and only a couple tenants have leases. Many of the tenants want to sign leases. The building is in good shape with indoor sprinkler system throughout the building. All the electrical was gutted and redone. There are six residential apartments. Tremendous opportunity for growth. Owner will to take back some financing. The current property manager has ran the building for 25 years, he's done all of the repairs and rents, and does an excellent job for an extremely reasonable rate. This is what they call a cash cow. IB-2 Zone