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$599,000 Just Listed
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Property Description
A Rare Naugatuck Landmark & Exceptional Restaurant/Redevelopment Opportunity.Discover an extraordinary opportunity to reimagine a piece of Naugatuck history at 16 Neumann Street. Formerly home to the beloved Milestone Inn bar & restaurant for more than 30 years, this distinctive property offers approximately 5,767 square feet on a level 0.35-acre parcel-an exceptional canvas for an entrepreneur, restaurateur, investor, or visionary developer. Rich with character and architectural presence, the property combines classic frame and masonry construction, a brick and stone foundation, wood and ceramic tile flooring. Public water and sewer, natural gas, electric service, and paved off-street parking add valuable infrastructure for a future commercial venture.The property's generous footprint and established restaurant history create an exciting opportunity to bring a sophisticated new concept to life-whether envisioned as an elevated dining destination, neighborhood gathering place, specialty hospitality venue, or other permitted commercial use.Buyers should confirm with town regarding possible uses.Its suburban setting offers the opportunity to create a destination with its own unique identity while benefiting from an established location.The unfinished gravel circular parking area & gazebo located at the rear of the property are not included in the sale. A property with history, presence & tremendous potential-16 Neumann Street presents an opportunity to restore and/or recreate!
Full Property Details
Full Property Details for 18 Neumann St
General
- Price: $599,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24210527
- Updated: Today (10/14/2026)
- Added to Site: Today
Interior
- Interior Features: Public Restrooms
- Flooring: Ceramic Tile, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Half Bathrooms: 2
- Restrooms: 4
Exterior
- Exterior Features: Gutters, Lighting
Parking
- Uncovered Spaces: 50
Location
- County: New Haven
- Driving Directions: GPS Friendly
Heating & Cooling
- Cooling Type: Split System
- 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, Telephone, Cable
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 5,767
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Restaurant
- Year Built: 1870
Unit Information
Unit 1
- Unit Description: Retail
- Total Bathrooms: 2
- Partial Bathrooms: 2
Lot Features
- Lot Size (Acres): 0.35
- Frontage: Paved Road
- Present Use: Restaurant
- Potential Use: Call zoning dept
- Zoning: R8
- Lot Description: Corner Lot, Dry, Level Lot
Financial Considerations
- Assessment Amount: $342,720
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: Brochure, Lead Disclosure
- Property ID: 2261663
Listed by Century 21 AllPoints Realty, Erin Mancino
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Price & Sales History for 18 Neumann St
Date
Details
Price
Change
Source
10/14/2026
Listed
$599,000
—
MLS
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 18 Neumann St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,637
-5%
$342,720
—
2023
$14,322
-7%
$342,720
—
2023
$15,337
-2%
$342,720
5%
2022
$15,600
—
$326,700
—
2021
$15,600
—
$326,700
—
2020
$15,600
1%
$326,700
—
2019
$15,437
20%
$326,700
23%
2018
$12,849
—
$265,750
—
2017
$12,902
2%
$265,750
—
2016
$12,667
5%
$265,720
—
2015
$12,109
1%
$265,720
—
2014
$11,973
1%
$265,720
—
2011
$11,904
—
$265,720
—
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 18 Neumann St
18 Neumann Street, Naugatuck, CT 06770 (MLS# 24210527) is a Commercial property. 18 Neumann Street is currently listed for $599,000 and was received on October 14, 2026. Want to learn more about 18 Neumann Street? Do you have questions about finding other Commercial real estate for sale in Naugatuck? You can browse all Naugatuck real estate or contact a Coldwell Banker agent to request more information.

