Recently Listed Open House 6/20 4pm - 6pm
42 Naugatuck Avenue
Milford, CT, 06460 $ 1,295,000
Bedrooms-- Baths2.1 Sq 2,592 Monthly Estimate*
$ 7,974
for $1,295,000 with 2 full baths, 1 half bath. This 2,592 square foot building was built in 1945 on a lot size of 0.07.
Discover an exceptional opportunity in Milford's coveted Walnut Beach neighborhood-one of the shoreline's most vibrant & sought-after destinations. Just one block from the beach, this rare mixed-use property offers the perfect blend of commercial flexibility, residential potential, & coastal charm. Completely remodeled in 2018 with state-of-the-art improvements, 42 Naugatuck Avenue presents a unique chance to own commercial space steps from the Connecticut shoreline. The main level is currently home to The Fig Cooking School, but its versatile layout lends itself to countless possibilities, including a boutique restaurant, cafe, artisan bakery, deli, wellness studio, professional office, or specialty retail concept. The commercial space is zoned for outdoor seating and dining-an increasingly valuable amenity in this thriving beach community. The outdoor area offers endless potential for al fresco dining, garden seating, community gatherings, or special events that embrace the neighborhood's relaxed coastal atmosphere. Above the commercial space, a separate private entrance leads to an office & a charming 2-bedroom apartment, creating ideal opportunities for owner occupancy, employee housing, rental income, or expanded business operations. Additional features include 2 private parking spaces, a separate office entrance, & an unbeatable location just moments from Walnut Beach's boardwalk, waterfront, restaurants, shops, & year round events. (Additional Remarks Below) Walnut Beach has become one of Milford's hottest destinations, attracting residents and visitors alike with its vibrant community and shoreline lifestyle. Conveniently located with easy access to Fairfield County, major highways, Metro-North rail service, & approximately 90 minutes from New York City, this property offers both lifestyle & investment appeal. Whether your vision is hospitality, retail, a professional business, or creating a signature coastal destination, 42 Naugatuck Avenue presents a truly rare opportunity in one of Connecticut's most desirable beachside neighborhoods. Rarely does a mixed-use property of this caliber and location become available just a block from the beach. Call today for your private showing!
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Open House
6/20/2026 4:00 PM - 6:00 PM
42 Naugatuck Avenue Milford, CT
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralZoning CDD2
Neighborhood Walnut Beach
County New Haven
Tax Year July 2025-June 2026
Location Retail Corridor
Property Type Commercial For Sale
Status Active
Acres 0.07
Directions Bridgeport Ave to Naugatuck Avenue
City Milford
Sq Ft Total 2592
DOM 0
Year Built 1945
Exclusions Inclusions/Exclusions Lists will be provided in Attachments as of 6/19/26
Present Use The Fig Cooking School/Apartment
Handicap Features Accessible Bath
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InteriorUtilities Available Electric Gas
Cooling System Ductless Window Unit
Total Number of Units 2
Flooring Ceramic Tile
Total Rooms 0
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ExteriorWater Source Public Water Connected
Lot Description Level Lot
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* Excluded FeaturesList ByJulie ConnerListing Agent
julie@juliedreamhomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,974
- Monthly Property Taxes
- $566
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Milford, CT
Average List Price $886,167
Percent of Sale Price 32%
About Milford, CT 53,768 Population
3% Since 2002
$ 81,638 Median Income
45.75 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $1,295,000 | | Listed Price |