ANSONIA – The Ansonia Shopping Center has new owners, according to a press release sent Friday (May 15).
The 175,000 square-foot commercial center was acquired by two companies: Zelco Properties & Development, and The Grossman Companies.
The purchase price was $8.4 million, according to Charter Realty, a real estate brokerage farm under Zelco Properties.
The shopping center previously housed a Big Y grocery store that closed in 2019 and moved to Route 34 in Derby. Bob’s, a casual clothing store, closed in 2024.
Residents on social media and in previous Valley Indy interviews said they want a grocery store at the location.
The new owners said in a prepared statement that the shopping center has potential.
“We are excited to partner with The Grossman Companies on this acquisition,” said Dan Zelson, principal of Zelco Properties and Charter Realty. ” We see a clear path here to create a vibrant, service-oriented retail destination that will genuinely benefit the community and area at-large.”
The address is 403-495 Main St. The shopping center includes 75 Tremont St.
New tenants were not listed in the press release.
“The Ansonia market is underserved, and we have a tremendous opportunity to introduce high-quality retail options that residents need,” added Jake Grossman. “This joint venture brings together complementary expertise and a shared vision for what this center can become. We look forward to executing our strategy and delivering meaningful results here.”
Ansonia used to have a Stop & Shop on Division Street, but that closed in 2024.
The new Ansonia Shopping Center owners “intend to execute a comprehensive leasing and redevelopment strategy,” according to the statement.
They also plan to repair and upgrade roofs, HVAC systems, and the parking lot.
Zelco Properties & Development is based in Westport. The Grossman Companies is based in Quincy, Mass.