We are excited to present a fantastic opportunity to own a mixed-use residential and commercial building in Derby, offering affordability and the potential for future growth. Comprising of 3 levels, this building offers a combination of residential and commercial space, providing ample opportunity for income generation. The ground floor is currently set up as a commercial space, perfect for a retail store or a wide variety of business uses. The upper levels offer affordable residential living, providing a wonderful option to live and work in the same property or lease out for commercial and residential income. As a result of overflow from downtown Shelton's building boom, developers are pouring into downtown Derby. This mixed-use property is perfectly situated to take advantage of all the area has to offer. With numerous new developments, including restaurants, a 105-unit residential building and widening of Route 34, this neighborhood is poised for continued growth, making this building an excellent investment opportunity. If you are looking to own a mixed-use property in a rapidly developing area, this is the perfect opportunity. Discover how this affordable mixed-use building can help you achieve your investment goals.
Listing courtesy of Nadine Lajeunesse from William Raveis Real Estate
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc.