BUYER FAILED TO PERFORM RESULTING IN PROPERTY GOING BACK ON THE MARKET. *HIGHEST & BEST DUE 7/5 @ 7PM.* Going back to work in a building will be no problem when you live and work in the same building! You have options for this property: live and work; live and lease out; lease both units or renovate into a 3 family. Defer to the attached Zoning Regulations that were updated to 2/8/2022. CR Zoning is "Center Residence", which means the area is primarily residential with neighborhood commercial uses. That is, single-family, 2-4 family and other multi-family residences along with businesses that blend well into the neighborhood. The commercial space could be used as-is (business and all inventory sold separately) or provided vacant. Access to the living space is directly upstairs either from the interior, side entrance or rear entrances. In the back of the home, on an incline, you'll find a grassy area where you could add a garden, relax or play. As a result of overflow from downtown Shelton's building boom, developers are pouring into downtown Derby. This mixed-use property is perfectly situated to take advantage of all the area has to offer. With numerous new developments, including restaurants, a 105-unit residential building and widening of Route 34, this neighborhood is poised for continued growth, making this building an excellent investment opportunity. BUYER FAILED TO PERFORM RESULTING IN PROPERTY GOING BACK ON THE MARKET. Multiple offers were received after highest and best was due on 7/5. Buyer created delays and did not get to do an inspection nor appraisal. *Seller financing is available, upon request.* As an option, the business with all the appliances and inventory is to be sold separate from the building for an addition cost. Owner is very negotiable.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
