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54 Naugatuck Ave
Milford, CT 06460 Devon/Walnut Beach

$1,200,000 USD

Restaurant For Sale  •  4,720 SF

Property Details

• Property Type Restaurant
• Total Building Size 4,720 SF
• Lot Size 0.1 AC
• Building Class C
• Year Built 1985
• Cap Rate 3.93 %
• Tenancy Multiple
• Zoning CDD2

20 Transit Score

40 Walk Score

Property Flyers

54 Naugatuck Ave flyer

Financial Summary (Actual)

Net Operating Income: $47,133 USD (2025)

Cap Rate:	3.93 %
Total Expenses:	$33,042 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Nautilus Restaurant	2,344 SF	5/31/2027

Public Transportation

Commuter Rail	Drive	Walk	Distance
Milford Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	7 min	-	3.2 mi
Stratford Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	9 min	-	4.6 mi
Airport	Drive	Walk	Distance
Tweed/New Haven	32 min	-	17.1 mi
Westchester County	65 min	-	42.1 mi
Long Island MacArthur	120 min	-	42.3 mi