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$499,000 Just Listed
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Property Description
Fantastic location in the heart of Derby CT. Former BBQ restaurant and currently being used as a commisary for a catering company. Owner owns all tables and kitchen items and is willing to Sell AS IS without a tenant. Will also continue to show for a Tenant to rent as well. Full Working Kitchen, Cooler, Dishwashing sinks, Bathrooms, dining area and Parking lot. All Mechanicals in good working condition. This location can be used as is, be used for other commercial uses, or be redeveloped. Owner is OK to Sell, or Lease this Building. Rental is available for $4500 per month plus utilities.
Full Property Details
Full Property Details for 148 Elizabeth St
General
- Price: $499,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24214883
- Updated: 10/15/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Restrooms: 3
Parking
- Covered Parking: Yes
- Covered Spaces: 8
Location
- County: New Haven
- Neighborhood: Downtown
- Driving Directions: Corner of Elizabeth and 5th Street
Community
- Community Name: Downtown
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone, Cable
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 3,810
- Sq. Ft. Source: Owner
- Current Bldg. Use: Restaurant
- Office: 900 Sq. Ft.
- Retail: 2,910 Sq. Ft.
- Year Built: 1975
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 0.25
- Frontage: Municipal Street
- Present Use: Restaurant
- Potential Use: Restaurant, Redevelop, Retail, Office
- Zoning: CDD
- Lot Description: Corner Lot, Sloping Lot
Financial Considerations
- Assessment Amount: $273,630
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: Brochure
- Property ID: 1095896
Listed by Levey Miller Maretz LLC, Arin Hayden
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Schools
Schools serving 148 Elizabeth St
School District:Derby School District
| Name | Grades | Distance |
|---|---|---|
Irving School 9 Garden Place, Derby, CT 06418 | PK-5 | 0.3 mi |
Derby Middle School 73 Chatfield Street, Derby, CT 06418 | 6-8 | 0.9 mi |
Derby High School 75 Chatfield Street, Derby, CT 06418 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 148 Elizabeth St
Date
Details
Price
Change
Source
10/15/2026
Listed
$499,000
88.3%
MLS
12/15/2014
Sold
$265,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 148 Elizabeth St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,204
—
$189,910
—
2023
$8,204
12%
$189,910
—
2023
$7,331
—
$189,910
—
2022
$7,331
—
$189,910
—
2021
$7,331
-17%
$189,910
-5%
2020
$8,780
5%
$200,130
—
2019
$8,379
6%
$200,130
—
2018
$7,879
—
$200,130
—
2017
$7,879
—
$200,130
—
2016
$7,879
-13%
$200,130
-21%
2015
$9,039
—
$252,910
—
2014
$9,039
1%
$252,910
—
2011
$8,938
—
$252,910
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 148 Elizabeth St
148 Elizabeth Street, Derby, CT 06418 (MLS# 24214883) is a Commercial property. 148 Elizabeth Street is currently listed for $499,000 and was received on October 15, 2026. Want to learn more about 148 Elizabeth Street? Do you have questions about finding other Commercial real estate for sale in Derby? You can browse all Derby real estate or contact a Coldwell Banker agent to request more information.

