This mixed use property has 4 apartments located above 2 commercial spaces. One space was used as a restaurant and is still leased. The other storefront is vacant. Two of the apartments are leased, two are vacant (current rent total $4,325) This property is part of a larger portfolio- To be sold together. MLS 24201286- 40 N BEACON ST, WATERBURY - 2 family - see listing for details - 13 ELM ST, MERIDEN(not in MLS)- Multi family, 2 homes on one lot, (2)2 Br, (2)3 Br units-3 of the 4 units are leased(total rent on 3 units- $4,621) BUYER DO DUE DILIGENCE - ALL PROPERTIES TO BE SOLD AS ONE PORTFOLIO
Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow.
Exceptional investment opportunity featuring two adjacent commercial buildings totaling 8 units on highly visible East Main Street in Waterbury. This fully occupied portfolio offers strong in-place cash flow with a desirable mix of commercial and residential tenants, plus separate and tenant-paid utilities throughout for efficient ownership and minimal landlord expense. 651 E Main Street consists of a fully occupied 2-unit commercial building totaling 2,585 SF. Tenants pay all utilities with no owner's meter, creating streamlined management and low operating costs. 669 E Main Street is a fully occupied mixed-use property totaling 7,371 SF, compromised of 2 ground floor commercial units and 4 residential apartments above. All residential units feature spacious 3bed, 1bath unit mix. Utilities are separately metered, and tenant paid. There is one parking space per apartment behind the building. Positioned along a heavily traveled street with excellent visibility and accessibility, the properties benefit from proximity to downtown Waterbury, Saint Mary's Hospital, Hamilton Park, a variety of shopping, restaurants, public transportation, and major highways. Ideal opportunity for investors seeking stable mixed-use assets with strong occupancy and long-term upside potential.
Truly turn-key portfolio opportunity in Waterbury's South End, offering strong in-place cash flow with upside with 8% CAP actual. The sale includes three adjacent parcels comprising six buildings with a total of 25 units: 23 residential apartments and two commercial spaces. The residential unit mix consists of (6) four-bed units, (11) three-bed units, and (6) two-bed units. Five of the six buildings feature separate, tenant-paid utilities, all electric heat, hot water, and cooking. Building 701 includes six apartments with owner-paid gas heat only, while electric and hot water remain tenant-paid. Five of the six buildings have completed the City of Waterbury de-leading program and have been extensively renovated, including new vinyl siding, replacement windows, updated interiors, upgraded electrical systems, rebuilt porches, and newer roofs (2017). Most apartments offer hardwood flooring, expansive layouts, and updated kitchens and baths. The portfolio has demonstrated historically low vacancy and a strong tenant base. A common coin-operated laundry room is in Building 691 and is available to all tenants. The two commercial units have separate utilities and present a value-add opportunity, as they require full renovation. The properties offer ample off-street parking, with over 20 combined parking spaces. Convenient location with easy access to I-84 and Route 8. Many rents remain below market, providing significant upside as well for 12% CAP rate (pro-forma).
Commercial/industrial space for sale in Waterbury's busy South Leonard area with easy highway access and close to many other successful businesses. This former tool shop in in top notch condition both inside and out, and has 974 square feet of office space and 2509 sq.ft. of industrial space. Brand new gas furnace, newer windows and doors, two 8' garage doors and two 12' garage doors. Make this IG zoned location your new home for your business: towing, oil delivery, plumbing, electrical, machine shop or body shop.
Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors.
Not your average multifamily! This fully renovated 6-unit investment property has been extensively upgraded with quality improvements rarely found in comparable assets. The building is 100% occupied, offering immediate cash flow, and consists of (6) spacious 2-bed, 1-bath apartments, each approx.. 800 SF. Current rents are below market, providing an excellent value-add opportunity through future rent adjustments. Each apartment has been nicely updated with white cabinetry, durable laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless entry systems with remote owner access. Major mechanical improvements include high-efficiency combi boilers, backup boilers and tankless water heaters for added reliability, plus a smart water meter with automatic leak detection and shutoff to help minimize maintenance concerns. Additional building enhancements include roof approx. 4yrs old, basement sprinkler systems, LED motion-sensor lighting throughout the common areas, security system, and a fire/emergency alarm system with a direct connection to the Fire Department. A coin/card-operated laundry room provides an additional source of income. Conveniently located with easy access to shopping, restaurants, public transportation, Downtown Waterbury, Route 8, and I-84. An exceptional turnkey investment offering strong in-place income, minimal deferred maintenance, and long-term upside. Can be purchased with multiple other buildings.
Completely turnkey investment opportunity featuring two separate three-family buildings on one parcel, offering a total of six residential units with a desirable unit mix of (2) 3-bedroom, 1-bath and (4) 2-bedroom, 1-bath apartments. The front building offers 3,140 SF, while the rear building contains 1,648 SF, creating an investment with strong in-place income and minimal deferred maintenance. Apartments have been renovated throughout with new kitchens, durable laminate flooring, updated appliances and fixtures, and keyless entry systems with remote owner access. The roof is approximately 4 years old, further reducing near-term capital expenditure concerns. Additional amenities include an on-site laundry for added income potential and ample off-street parking for tenant convenience. Conveniently located with easy access to Downtown Waterbury, shopping, restaurants, public transportation, Route 8, and I-84. A top-notch investment opportunity for buyers seeking a truly turnkey asset with quality renovations, strong long-term income potential, and virtually no improvement needs. Can be purchased with multiple other buildings.
Multifamily investments with this level of renovation rarely come to market. This fully updated 6-unit property consists of (2) 4-bed units and (4) 3-bed units with roughly 1,200 - 1,220 SF each, all 100% occupied on M to M leases, providing immediate cash flow with rents significantly under market for future upside. Extensively upgraded in the last couple of years, the property features remodeled apartments, new gas meters + lines, high-efficiency combi boilers, a smart water meter with automatic leak detection and shutoff, backup boilers, and tankless water heaters. The roof is approx. 7 yrs old, further minimizing capital expenditures. Additional improvements include electronic access to all apartments and basements, sprinkler systems in the basements, LED motion-sensor lighting in common areas, a comprehensive security system, a fire/emergency alarm system with direct connection to the Fire Department, and a coin/card-operated laundry room for additional income. Apartment interiors feature new cabinets, laminate flooring, updated appliances and fixtures, vinyl replacement windows, fire-rated entry doors, and keyless remote-access entry. A true turnkey investment featuring extensive capital improvements, minimal deferred maintenance, and an exceptional unit mix. Ideally situated in Waterbury's desirable Willow Plaza/North End neighborhood, just minutes from Downtown, shopping, dining, public transportation, and convenient access to Route 8 and I-84.
Retail shopping center strip mall with 4-5 stores - a total of 15,974 sf plus a rentable lower level with an additional 4,182 sf. Currently there is a Laundromat, Coffee shop, Appliance Store and a Small Church. Parking for 55 Cars. Gas & Electric utilities.
Concrete block one story 6050 sq ft commercial warehouse for sale as is. Plenty of opportunity in the heart of Waterbury. Needs TLC and imagination. Buyer to do due diligence. Electric available at pole, gas at the building, water at street, unsure of septic/sewer. Hold Harmless needs to be signed to view property. Form is attached.
Auto repair business for sale, featuring four bays with lifts on busy Lakewood Road in Waterbury, CT. Business only is for sale, subject to new lease with landlord. DO NOT VISIT SITE AND SPEAK WITH EMPLOYEES. CONTACT AGENT FOR ADDITIONAL INFORMATION.
Looking for a 2 bay garage or want to start a business?Downtown location easy access to highways.Building sold as is.
Rare value add and development opportunity with approvals already in place. This commercial building comes with approved architectural plans, MEPs, and civil survey for a mixed-use redevelopment consisting of commercial space on the ground floor and 10 residential apartments above. The approved unit mix includes 2 studios, 7 one-bedroom units, and 1 two-bedroom unit. Located in a desirable area with strong rental demand, this spacious building offers investors and developers the chance to bypass much of the entitlement process and move directly toward construction. The hard work of obtaining approvals has already been completed, creating a significant advantage for the next owner. Whether you're looking to expand your portfolio, capitalize on the growing demand for mixed use properties, or develop a long term income producing asset, this property presents an exceptional opportunity. Bring your vision and construction team this project is primed for transformation and positioned to deliver substantial upside upon completion.
Turnkey Mixed-Use Investment Opportunity Fully Renovated Zero Vacancy. 140 Grand Street presents a rare opportunity to acquire a stabilized, cash flowing mixed use asset in the heart of Waterbury. This well maintained property consists of nine residential apartments and one commercial storefront, offering investors immediate income with zero current vacancy and strong in-place cash flow. The residential units have been extensively renovated, featuring updated interiors, modern finishes including mini-splits, and turnkey condition throughout. The commercial space provides additional income diversification while benefiting from excellent visibility and established tenancy. With a current gross annual income of approximately $171,000 the property delivers strong investment fundamentals and an attractive 8.5 cap. The building is well maintained with a favorable operating expense ratio and requires minimal maintenance, making it an ideal acquisition for both seasoned investors and those seeking a passive income-producing asset. Centrally Located in Downtown Waterbury, this is a true turnkey asset offering immediate cash flow, stable tenancy, and long term appreciation potential in one of Waterbury's established mixed use corridors.
Rare opportunity to acquire a prominent mixed-use investment property offering both immediate income and significant value add potential. The ground floor is occupied by two established commercial tenants with strong leases in place, providing stable cash flow. The upper three floors are currently empty and present an exceptional redevelopment opportunity, with the highest and best use being conversion to residential apartments. The building features a welcoming vestibule entrance, a fully operable and serviced elevator providing access to all levels, and a recently installed EPDM roof. Investors and developers will appreciate the combination of existing income, substantial upside through residential conversion, and major building improvements already completed. Whether seeking a long-term investment, redevelopment project, or mixed-use asset with future growth potential, this property offers a unique opportunity in a highly desirable location.
Take advantage of exceptional visibility at this well-maintained 2,284 SF office/retail building located on busy Wolcott Street. The handicap-accessible main level features a spacious open area ideal for reception or retail use, along with a conference room, private office, kitchenette, and half bath. The second floor offers additional private offices, a conference area, and another half bath, providing flexible space for a variety of professional or business needs. The third floor boasts a unique cathedral-style office with a comfortable lounging area, creating an inviting workspace filled with character. For those seeking additional space, the adjacent landowner is offering the properties on either side of the building totaling 1.55 acres for $300,000, presenting a rare opportunity for expanded parking or future development. Endless possibilities for business growth in a high-traffic location.
Positioned in the heart of Downtown Waterbury's thriving business and entertainment district, this iconic four-story commercial landmark presents a rare opportunity to acquire one of the city's most recognizable hospitality properties. Home to the legendary Brass Horse Restaurant & Bar, this historic building combines timeless architectural character with extensive recent renovations, creating a truly turnkey opportunity for restaurateurs, investors, event operators, or mixed-use developers. The property encompasses approximately 7,510 square feet across four levels and offers exceptional flexibility for multiple revenue streams. Located directly on North Main Street overlooking the Downtown Green, the property benefits from outstanding visibility, strong pedestrian traffic, and close proximity to major downtown destinations including Palace Theater, Mattatuck Museum, and University of Connecticut Waterbury Campus. Ongoing downtown revitalization efforts continue to enhance the area's appeal for businesses, residents, and visitors alike. Guests are welcomed into a beautifully remodeled dining environment that preserves the building's historic charm while incorporating modern hospitality amenities.
Mixed-use asset featuring four compact 3-bedroom apartments and one street-level retail space across two buildings. Building 1 consist of 2400 Sq Ft with 2 - 3 Bedroom apartments over 1 Commercial Space. The 2nd building consists of 1624 Sq Ft with 2 - 3 Bedroom apartments. Each Building underwent a full interior, exterior renovations with new mechanical systems, appliances. Unoccupied spaces are in rent ready condition. Located on a 0.15-acre lot, the property offers in-place income with additional upside from two unoccupied units. Ideal for investors seeking a diversified income-producing property with lease-up potential and long-term appreciation opportunities. See MLS # 24181506 & 24180981 for rental listings
**NEW PRICE - $49,999! TURNKEY RESTAURANT BUSINESS OPPORTUNITY!** An excellent opportunity to step into a fully equipped, operating restaurant without the expense and delays of starting from scratch. The sale includes a complete commercial kitchen with major appliances, refrigeration, prep areas, service equipment, dining furnishings, fixtures and equipment. The space offers an efficient kitchen and service layout along with an inviting dining area. Current owners are relocating out of state, creating an opportunity for a new owner to step in and make the business their own. Continue the current concept or bring your own culinary vision. Ideal for a chef-owner, entrepreneur or investor looking for an established restaurant location with the infrastructure already in place. **Now offered at just $49,999 - bring your ideas and start your next venture!**
The first halal smoked meat restaurant in Connecticut with a variety of food, smoked meats, smoked lamb, steaks, salmon and smoked chicken. The space that is family orientated, quiet, safe and has the quality thatr big groups can come in and enjoy their time together. In addition to the dining room, there is a large part of the restaurant that serves as a cafe for people to get one of Kanoon's specialty drinks, including a mint lemonade They are 100 percent non-alcohol and 100 percent halal and have coffees, juices and cakes among other items. Experiencing the "live fire show" in the front kitchen is a big attraction. It is performed during busiest times, as the chef preps a meal with flames, a sword and excitement.
Nearly 7,000 sq.ft. warehouse, Sub-Dividable up to 5-6 Spaces, 3 Front 3 spots would be great little stores, It was last a Glass Shop, Electric is divided into 5 separate services, It includes 2 Half baths, There is also a driveway and parking lot that conveys with this property, It is a separate parcel, There are a great amount of possibilities
The property located at Grove St & Cook St is a prime grocery-anchored investment opportunity featuring a brand-new Food Universe supermarket under a 25-year lease through July 15, 2048, providing long-term, stable cash flow. Food Universe is backed by Key Food Stores Co-operative Inc., a nationally recognized grocery operator with a strong network and established credit profile, supporting a highly reliable tenancy. The asset benefits from exceptional visibility and accessibility, positioned on a prominent corner with convenient access to I-84 and Route 8, and features strong site functionality including ample parking (51 spaces) and a loading dock. The surrounding area continues to strengthen, highlighted by a newly completed 44 unit residential development directly across the street, driving built-in customer traffic. Additionally, the property is located within both a federally designated Opportunity Zone and an Enterprise Zone, offering potential tax incentives and enhanced after-tax return potential. Overall, the asset offers a compelling combination of long-term contractual income, strong tenant credit support, prime visibility, and public incentive benefits in a growing supermarket.
Ready to go. This restaurant is ready for new operator to step in and take over. Owner is moving into a larger restaurant. Great lease available. For financials info, NDA must be signed.
Commercial Investment Opportunity 500 Bank Street, Waterbury, CT. Turnkey 5-Unit Commercial Plaza 6,582 Sq Ft 8% Cap Rate Exceptional income producing property located in a prime, high-traffic area of Waterbury. This well-maintained 6,582 sq ft commercial building features five fully leased units with established tenants in place, providing immediate and stable cash flow. Pride of ownership is evident throughout the property. 100% occupied Strong 8% cap rate 10 dedicated parking spaces Heavy foot and vehicle traffic Surrounded by thriving local businesses High visibility location Positioned on busy Bank Street, this plaza benefits from excellent exposure and consistent customer flow. The surrounding commercial activity keeps the area active and growing making this an ideal addition to any investor's portfolio. Don't miss this solid, income generating opportunity.
Waterbury is located in Connecticut. Waterbury, Connecticut has a population of 113,783. Waterbury is less family-centric than the surrounding county with 21.67% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Waterbury, Connecticut is $48,787. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Waterbury is 37.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 52.1 inches per year, with 37.1 inches of snow per year.
