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William Raveis Lifestyles Realty

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54 Naugatuck Avenue, Walnut BeachMilford, CT 06460Price: $1,200,000

  • Price: $1,200,000
  • 80 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 3Bathrooms
  • 0.1Acreage
  • 4,720Square Feet
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54 Naugatuck Avenue Milford CT 06460
54 Naugatuck Avenue Milford CT 06460
54 Naugatuck Avenue Milford CT 06460
54 Naugatuck Avenue Milford CT 06460
54 Naugatuck Avenue Milford CT 06460
54 Naugatuck Avenue Milford CT 06460

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Discover a rare and versatile investment in the heart of Milford's premier live-work-play coastal community, Walnut Beach. This meticulously maintained property features a newly renovated ground-floor restaurant secured by a stable, long-term lease. Above, you'll find four oversized studio/one-bedroom apartments that offer significant upside potential in a high-demand rental market. Efficiency is built-in with separate gas and electric utilities for every unit, keeping overhead low and management simple. The location is truly unbeatable-just steps from the sandy shores of Walnut Beach, local boutique shops, and a vibrant culinary scene. Tenants will fall in love with the "endless summer" vibe, defined by seasonal festivals, live music, and a thriving arts district. With the Milford Metro-North Station only seven minutes away, this property perfectly captures the balance of vacation-style living and easy commuter access to New Haven and New York City.

Property Details of 54 Naugatuck Avenue, Walnut Beach

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Listed by Jeremy B. Rosner of Levey Miller Maretz LLC ((203) 389-5377)

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