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$1,295,000

  • For Sale
  • Active
  • Commercial
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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)

Full Property Details for 42 Naugatuck Ave

General

  • Price: $1,295,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24184482
  • Updated: 7/7/2026
  • Added to Site: 19 day(s) ago

Interior

  • Interior Features: Living Space Available, Public Restrooms, Window Display
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior

  • Exterior Features: Sidewalk, Door Sign

Parking

  • Total Spaces: 2
  • Parking: Off Street Parking, Driveway

Location

  • County: New Haven
  • Neighborhood: Walnut Beach
  • Driving Directions: Bridgeport Ave to Naugatuck Avenue

Community

  • Community Name: Walnut Beach

Heating & Cooling

  • Cooling Type: Ductless, Window Unit
  • Heating Type: Hot Air, Electric, Natural Gas
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas

Structural Information

  • Roof: Flat
  • Disability Access: Accessible Bath
  • Square Feet: 2,592
  • Sq. Ft. Source: Public Records
  • Living Area: 1,235 Sq. Ft.
  • Current Bldg. Use: The Fig Cooking School/Apartment
  • Retail: 1,357 Sq. Ft.
  • Year Built: 1945

Unit Information

Unit 1

  • Unit Description: 2 Bedrooms
  • Square Feet: 1235
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Retail
  • Square Feet: 1357
  • Total Bathrooms: 2
  • Partial Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Frontage: Municipal Street, Paved Road
  • Present Use: The Fig Cooking School/Apartment
  • Potential Use: Restaurant, Bakery, Deli, Cooking School
  • Zoning: CDD2
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $229,800
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Lead Disclosure, Other
  • Exclusions: Inclusions/Exclusions Lists are provided in Attachments
  • Property ID: 1199685

Listed by eXp Realty, Julie Dream Homes Team at eXp Realty, Julie Conner and eXp Realty, Julie Dream Homes Team at eXp Realty, Will Conner

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Listing agents

— 42 Naugatuck Ave —

  • Julie Conner

    eXp Realty

  • Will Conner

    eXp Realty

Agent Contact: (203) 300-1358 Office Contact: (866) 828-3951

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 42 Naugatuck Ave

School District:Milford School District
NameGradesDistance
Pumpkin Delight School
27 Art Street, Milford, CT 06460
3-50.8 mi
J. F. Kennedy School
404 West Ave., Milford, CT 06460
K-21.6 mi
West Shore Middle School
70 Kay Avenue, Milford, CT 06460
6-80.7 mi
Jonathan Law High School
20 Lansdale Avenue, Milford, CT 06460
9-120.8 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 42 Naugatuck Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$1,295,000
502.33%
MLS
7/15/2016
Sold
$215,000
—
Public Record
Get Price Alerts and Save Property
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 for 42 Naugatuck Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,791
1%
$229,800
—
2023
$6,696
7%
$229,800
—
2023
$6,244
2%
$229,800
—
2022
$6,124
4%
$229,800
8%
2021
$5,870
—
$212,310
—
2020
$5,877
-3%
$212,310
1%
2019
$6,058
25%
$211,080
21%
2018
$4,830
-2%
$174,120
-2%
2017
$4,917
10%
$176,950
10%
2016
$4,476
—
$160,760
—
2015
$4,482
6%
$160,760
—
2011
$4,225
—
$160,760
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty, Julie Dream Homes Team at eXp Realty, Julie Conner and eXp Realty, Julie Dream Homes Team at eXp Realty, Will Conner

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42 Naugatuck Avenue, Milford, CT 06460 (MLS# 24184482) is a Commercial property. 42 Naugatuck Avenue is currently listed for $1,295,000 and was received on June 18, 2026. Want to learn more about 42 Naugatuck Avenue? Do you have questions about finding other Commercial real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.

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