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    Prospect, CT

    Prospect, CT Commercial Real Estate for Sale

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    Multi-Use Building on Large Lot
    Updated: Mar 10
    Multi-Use Building on Large Lot

    88 Mulloy Rd, Waterbury, CT 6705

    $595,000
    3,800 sqft · 0.77 AC lot
    Existing used car dealership license.
    High income producing property with $56,000 annual Net Operating Income.
    Large 1.55 acre lot with .78 acre rear parcel ideal for vehicle storage.
    Multi‑use 3800 SF building suitable for various businesses.
    Located in CA zone in Waterbury's East End.
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    This listing looks promising.

    Here's a quick look at some key insights for

    88 Mulloy Rd, Waterbury, CT 06705

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $660K
      Above asking

    • Last Sold

      Feb 2006
      $120K

    • Property Type

      Parking Garage, Parking Structure
      Built 1985
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    Four-Story Restaurant & Bar Building
    Updated: Jun 11
    Four-Story Restaurant & Bar Building

    26 N Main Street, Waterbury, CT 06702

    $850,000
    7,510 sqft · 0.06 AC lot
    Historic four‑story commercial building with approx. 7,510 SF across four levels
    Brass Horse Restaurant & Bar hospitality property on North Main Street overlooking the Downtown Green
    Interior includes employee lounge, public restrooms, security system, fire suppression system, and window display
    Remodeled dining environment with tile and wood flooring
    Utilities and services: public water and public sewer; phone available
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    Mixed-Use Apartment Building with Retail
    Mixed-Use Apartment Building with Retail

    49 Hill Street, Waterbury, CT 06704

    $715,000
    4,024 sqft · 0.15 AC lot

    Four compact apartments and a street-level retail space, with renovated interiors and systems and unoccupied units ready for leasing.

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    Renovated Mixed-Use Income Property
    Renovated Mixed-Use Income Property

    49 Hill Street, Waterbury, CT 06704

    $715,000
    4,024 sqft · 0.15 AC lot

    Two-building asset combines street-level retail with five compact apartments, with renovations and multiple units ready to rent.

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    Waterbury Commercial Land Redevelopment Opportunity
    Waterbury Commercial Land Redevelopment Opportunity

    1172, 1184, 1236, Hope, N N Main Street, Waterbury, CT 06704

    $850,000
    20,000 sqft · 3.40 AC lot

    3.4 acres of RM zoned land with redevelopment potential.

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    One-Story Concrete Block Warehouse
    One-Story Concrete Block Warehouse

    33 Gasparri Lane, Waterbury, CT 06705

    $325,000
    6,000 sqft · 0.32 AC lot

    Single-story warehouse with utilities available for evaluation, offered “as is,” and requiring tenant or buyer due diligence.

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    Retail Shopping Center with Multiple Suites
    Retail Shopping Center with Multiple Suites

    1457 Meriden Road, Wolcott, CT 06716

    $1,980,000
    13,878 sqft · 5.19 AC lot

    Single property with eight retail spaces on a heavy-traffic Wolcott corridor, offered for sale with long-term tenants.

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    Auto Repair Shop with Four Bays
    Auto Repair Shop with Four Bays

    742 Lakewood Road, Waterbury, CT 06704

    $159,000
    0.30 AC lot

    Auto repair business for sale with four lift-equipped bays on busy Lakewood Road.

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    Two-Bay Garage Flex Property
    Two-Bay Garage Flex Property

    34 Judd Street, Waterbury, CT 06702

    $249,900
    2,200 sqft · 0.25 AC lot

    Downtown Waterbury commercial garage with two bays, suitable for auto operations or starting a business.

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    Two-Story Hospitality Event Building
    Two-Story Hospitality Event Building

    399 Wolcott Road, Wolcott, CT 06716

    $450,000
    2,382 sqft · 0.92 AC lot

    Zoned GC two-story venue with finished basement, central heat, and parking, positioned on a heavily traveled corridor.

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    Middlebury Industrial Development Opportunity
    Middlebury Industrial Development Opportunity

    1140 Southford Road, Middlebury, CT 06762

    $399,000
    13,750 sqft · 1.50 AC lot

    1.5-acre industrial parcel in Middlebury, convenient location.

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    Turnkey Restaurant with Full Kitchen
    Turnkey Restaurant with Full Kitchen

    524 Wolcott Road, Wolcott, CT 06716

    $575,000
    2,484 sqft

    Full-operational restaurant with seating for 90 and included equipment and furnishings, ready for immediate service.

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    Waterbury Commercial Medical Office Space
    Waterbury Commercial Medical Office Space

    60 Westwood Avenue, Waterbury, CT 06708

    $139,900
    3,278 sqft

    Medical office space available in Waterbury, ready for immediate use.

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    Versatile Commercial Building on Spindle Hill
    Versatile Commercial Building on Spindle Hill

    1146 Spindle Hill Road, Wolcott, CT 6716

    $1,325,000
    9,368 sqft · 5.71 AC lot

    Well-maintained commercial building on nearly 6 acres with banquet facilities.

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    Former Franco-American Bar and Hall
    Former Franco-American Bar and Hall

    55 Store Ave, Waterbury, CT 6705

    $799,000
    7,650 sqft · 0.34 AC lot

    Commercial building with hall, bar, ample parking, and lease.

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    Corner Mixed-Use Retail Apartment Building
    Corner Mixed-Use Retail Apartment Building

    151 Highland Avenue, Waterbury, CT 06708

    $575,000
    2,704 sqft · 0.13 AC lot

    Two-story mixed-use building with ground-floor storefront and an apartment above, plus garage and full basement.

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    Turnkey Commercial Plaza Investment Opportunity
    Turnkey Commercial Plaza Investment Opportunity

    500 Bank St, Waterbury, CT 6708

    $1,200,000
    6,582 sqft

    Fully leased 5-unit commercial plaza in high-traffic area.

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    Lakefront Event and Restaurant Development
    Lakefront Event and Restaurant Development

    355 Lakewood Road, Waterbury, CT 6704

    $750,000
    4,304 sqft

    Unfinished restaurant-style building plus a covered pavilion with restrooms and kitchen, set up for immediate outdoor events.

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    Four-Story Restaurant Landmark
    Four-Story Restaurant Landmark

    26 North Main Street, Waterbury, CT 6702

    $850,000
    7,510 sqft

    Turnkey hospitality building on North Main Street with recent renovations and space suited for dining, bar service, or events.

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    2.83 Acre Development Site
    2.83 Acre Development Site

    503 Chase Parkway, Waterbury, CT 6708

    $999,995
    9,426 sqft · 2.83 AC lot

    2.83 acres with existing 9,426 SF structure near I-84.

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    Retail/Office Space in Prospect
    Retail/Office Space in Prospect

    94 Union City Rd, Prospect, CT

    $1,890,000
    3,000 sqft · 2.44 AC lot

    Retail or office space available on busy RT 68.

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    Waterbury Warehouse on 4.7 Acres
    Waterbury Warehouse on 4.7 Acres

    536 Scott Rd, Waterbury, CT 6705

    $750,000
    9,300 sqft · 4.70 AC lot

    9300 SF warehouse building with multiple tenants on 4.7 acres.

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    Strip Mall with 8 Retail Spaces
    Strip Mall with 8 Retail Spaces

    1457 Meriden Rd, Wolcott, CT 6716

    $1,980,000
    13,878 sqft · 5.19 AC lot

    1990-built strip mall featuring eight long-tenanted storefront units in a heavy-traffic Wolcott corridor.

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    Wolcott Commercial Building with Pavilion
    Wolcott Commercial Building with Pavilion

    10 Wakelee Road, Wolcott, CT 6716

    $1,050,000
    2.00 AC lot

    Freestanding commercial building with outdoor pavilion on 2 acres.

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    Prospect, CT Commercial Real Estate Market Trends and Statistics

    Explore 113 commercial real estate for sale in Prospect, CT, showcased through 113 active listings on our real estate platform. These investment opportunities span a total of 1,521,153 square feet of properties for sale, with an estimated market value of $150,700,403.

    Sale prices for business properties in Prospect, CT start at $79,000, averaging $1,463,110, and reaching up to $8,545,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,414
    Population Growth (5Y) -3.3%
    Median Household Income $125,556
    College Educated 55.5%

    High-Yield Neighborhoods for Investment

    Identify Prospect submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    06712 $416.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.19%
    Property Tax per SF $84.06 per SF
    Tax Rate vs County Average 0.53 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in New Haven County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Prospect, CT

    • 06705
    • 06702
    • 06708
    • 06704
    • 06716
    • 06762
    • 06710
    • 06706

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