Sold
Last Sold Price
7,838 sqft$198/sqft
405-415 River Rd, Shelton, CT 06484
0.73 acresLot Size
2020Year Built
$198/sq ftPrice per sq ft

Description

Mixed use commercial and residential buildings to be sold strictly as package with owner financing. #415 totally rehab'ed in 2020. #405 built in 2016. Each building features two storefronts (4 in all) on the ground level with apartments above, providing retail and residential income streams. The property is fully leased, making it attractive for investors seeking stable income, with the added benefit of owner financing to facilitate the sale. Situated in Fairfield County on a high-traffic State Rd...Mixed use commercial and residential buildings to be sold strictly as package with owner financing. #415 totally rehab'ed in 2020. #405 built in 2016. Each building features two storefronts (4 in all) on the ground level with apartments above, providing retail and residential income streams. The property is fully leased, making it attractive for investors seeking stable income, with the added benefit of owner financing to facilitate the sale. Situated in Fairfield County on a high-traffic State Rd linking Stratford and downtown Shelton with easy access to Routes 8 and 15. Commercial tenants are thriving in this highly visible location, directly across the street from Sunnyside Elem School and surrounded by convenience stores, restaurants and apartment buildings.
  • Listed by: Susan Jenness 203.257.6002 SUSAN.JENNESS@RAVEIS.COM • William Raveis Real Estate
Listing closed: 09/25/2025 12:00 AM • Source: SMARTMLS, MLS#: 24105647

Recent comparable sales

Median sold price

$1,100,000

Avg days on market

19

Sale-to-list ratio

100.0%

Shelton, CT

9 comparable properties found

1

$1,550,000

Sold 09/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,960
Square Feet
Unavailable
Acres
2

$689,000

Sold 06/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.01
Acres
3

$660,176

Sold 04/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,725
Square Feet
Unavailable
Acres
4

$629,900

Sold 09/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,725
Square Feet
Unavailable
Acres
5

$493,500

Sold 12/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,444
Square Feet
Unavailable
Acres
6

$1,287,500

Sold 06/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,990
Square Feet
1.34
Acres
7

$1,100,000

Sold 07/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
8,700
Square Feet
Unavailable
Acres
$1,100,000 | 117 Wesley Drive, Shelton, CT 06484
8

$1,100,000

Sold 03/19/26

5
Bedrooms
4,060
Square Feet
0.48
Acres
9

$1,225,000

Sold 06/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,290
Square Feet
Unavailable
Acres

Location

Listing Courtesy of William Raveis Real Estate, Susan Jenness
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$8,438 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,010

Property Taxes

$429

HOA Dues

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Property Information for 405-415 River Road

Property Details
Building Information
  • Stories: 2
  • Residences: 8
  • Year Built: 2020
  • Lot Size: 0.73 AC / 31,798 SF
Summary
Property and Location
  • Directions: Across street from Sunnyside School
  • Latitude: 41.292133
  • Longitude: -73.074852
  • State: Connecticut
Parking
  • Parking Spaces Uncovered: 30
HOA and Fees
  • Home Owner's Assocation: No
  • Sewer Usage Fee Annual: $812
  • Tax Year: July 2025-June 2026
  • Property Tax: $5,144
Interior and Exterior Features
Exterior Features
  • Number of Docks: 0
  • Number of Overhead Doors: 0
Interior Features
  • Cooling System: Central Air, Split System
  • Heat Type: Hot Air, Other
  • Flooring: Tile, Wood
  • Interior Features: Handicap Design, Window Display
  • Rooms Total: 0
Property
Property and Assessments
  • ADA Compliant: Yes
  • Additional Space Available: Yes
  • Construction Description: Frame
  • Foundation Type: Block
  • Handicap Features: Accessible Bath, Handicap Parking
  • Present Use: Retail, Res Income
  • Road Frontage Description: State Road
  • Roof: Asphalt Shingle
  • Sq Ft Source: Public Records
  • Year Built: 2020
  • Bank Owned Property: No
  • Sq Ft Residential: 4138
  • Sq Ft Retail: 3700
  • Living Area SQFT Per Public Records: 3878
Lot Information
  • Documents Available: Mechanical Drawing
  • Lot Description: Level Lot, Sloping Lot
  • Parcel Number: 298361
  • Sq Ft Total: 7838.0
  • Zoning: Retail, Residential
Utilities
  • Heat Fuel Type: Electric, Natural Gas
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric, Gas
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 36782
  • Gross Annual Income: 158400
  • Net Operating Income: $121,618
  • Occupied By: Tenant
  • Total Number of Units: 8
Building Details
  • Number of Restrooms: 8
  • Number of Stories: 2
  • Number of Tenants: 8
Unit 1
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 3
  • Unit Full Baths: 2
  • Unit Modified Date: 07-05-2025
  • Unit Monthly Rent: $1,550
  • Unit Number Of: 2
  • Unit Type: 1 Bedroom
Unit 2
  • Unit Average Sq Ft: 925
  • Unit Entry Order: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 07-05-2025
  • Unit Monthly Rent: $1,731
  • Unit Number Of: 4
  • Unit Type: Retail
Unit 3
  • Unit Appliances: Electric Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 1450
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-05-2025
  • Unit Monthly Rent: $1,825
  • Unit Number Of: 1
  • Unit Type: 2 Bedrooms
Unit 4
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 650
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 07-05-2025
  • Unit Monthly Rent: $1,350
  • Unit Number Of: 1
  • Unit Type: Efficiency

Schools near 405-415 River Road

This home is within Shelton School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Sunnyside School
PublicPK to 4

Perry Hill Elementary School
Public5 to 6

Intermediate School
Public7 to 8

Shelton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 405-415 River Road, Shelton, CT 06484
$1,550,000
7,838
31,798
$1,550,000
3,960
$152,000
3
0
$190,000
3
2,000
19,166
$270,000
3,878
$199,900
4
2,000
11,761

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis Real Estate, Susan Jenness

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.