Prospect, CT Commercial Real Estate for Sale

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131 properties

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Updated: Jul 12

Multi-Tenant Retail Shopping Center

1014 Meriden Road, Waterbury, CT 06705

$1,100,000

15,974 sqft 0.75 AC lot

15,974 SF retail center with an additional 4,182‑SF rentable lower level
Current occupants include a Laundromat, Coffee shop, Appliance Store and a Small Church
Parking for 55 Cars
CG zoning on a 0.75‑acre parcel
Gas & Electric utilities

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Updated: Oct 5

Mixed-Use Property with Commercial Space

113 Bunker Hill Avenue, Waterbury, CT 06708

$385,000

1,591 sqft 0.16 AC lot

1,591‑square‑foot mixed‑use property with residential and commercial spaces
Residential unit has two bedrooms, hardwood flooring, and an updated kitchen and bathroom
Full basement provides additional storage
0.16‑acre lot; zoned RL
Built in 1905; public water and sewer

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Renovated Mixed-Use Property

49 Hill Street, Waterbury, CT 06704

$715,000

4,024 sqft 0.15 AC lot

Two buildings combine four apartments with a street-level retail space and updated building systems.

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Five-Storefront Mixed-Use Property

69 Meriden Road, Waterbury, CT 06705

$1,500,000

4,800 sqft

Mixed-use building with multiple business spaces, off-street parking, and CA zoning along a visible commercial corridor.

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Mixed-Use Building with Storefronts

734 E Main Street, Waterbury, CT 06702

$1,449,000

7,284 sqft 0.08 AC lot

Four apartments sit above two commercial spaces, including one leased restaurant space and one vacant storefront.

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Renovated Mixed-Use Property

49 Hill Street, Waterbury, CT 06704

$715,000

4,024 sqft 0.15 AC lot

Two buildings combine multifamily residences with a street-facing retail space and updated building systems.

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Two-Bay Auto Shop

34 Judd Street, Waterbury, CT 06702

$199,900

2,200 sqft 0.25 AC lot

CBD-zoned garage property with public water and a bathroom.

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Strip Mall with 8 Retail Spaces

1457 Meriden Rd, Wolcott, CT 06716

$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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8-Space Retail Shopping Center

1457 Meriden Road, Wolcott, CT 06716

$1,980,000

13,878 sqft 5.19 AC lot

Multi-tenant retail property with central air and public water and sewer service.

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Leased Corner-Lot Duplex

40 N Beacon Street, Waterbury, CT 06704

$1,449,000

1,689 sqft 0.09 AC lot

Two apartments provide a three-bedroom first-floor layout and a one-bedroom upper-level residence.

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Auto Shop with Industrial Building

36 Brewery St, Waterbury, CT 06708

$1,999,000

5,860 sqft 2.48 AC lot

Sale includes the real estate, business license, inventory, equipment, and existing improvements.

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Four-Bay Auto Repair Business

742 Lakewood Road, Waterbury, CT 06704

$159,000

0.30 AC lot

Automotive repair operation with lift-equipped bays and a new lease subject to landlord approval.

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Commercial Corner Land

175 Waterbury Road, Prospect, CT 06712

$250,000

1.20 AC lot

B-zoned commercial parcel with public water and sewer infrastructure available nearby.

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Multi-Tenant Retail Plaza

34 Waterbury Road, Prospect, CT 06712

$1,250,000

6,600 sqft

Five occupied tenant spaces share a newly replaced roof and 30 on-site parking spaces.

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Industrial Development Parcel

1140 Southford Road, Middlebury, CT 06762

$399,000

1.50 AC lot

Industrial-zoned land with public water and sewer access for future commercial development.

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Agricultural Land and Subdividable Parcel

Central Avenue and Old Bound Line Road, Wolcott, CT 06716

$399,000

55.37 AC lot

Combined land package offers farm acres and an additional parcel with an entrance on Central Avenue.

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Turnkey Commercial Plaza Investment Opportunity

500 Bank St, Waterbury, CT 06708

$1,200,000

6,528 sqft

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

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Multi-Tenant Strip Mall

49 Waterbury Rd, Prospect, CT 06712

$1,075,000

56,480 sqft

Five tenant spaces include a UPS Store and lower-level area with a garage door.

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Mixed-Use Investment Opportunity, Waterbury

33 & 39 Willow Street, Waterbury, CT 06710

$1,250,000

11,748 sqft 0.12 AC lot

Mixed-use property with restaurant, retail, hall, and apartments for sale.

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Versatile Commercial Building on Spindle Hill

1146 Spindle Hill Rd, Wolcott, CT 06716

$1,325,000

9,368 sqft 6.00 AC lot

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

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Mixed-Use Building with Operable Elevator

68 Center Street, Waterbury, CT 06702

$850,000

14,496 sqft

Ground floor leased to two commercial tenants; upper three floors are vacant for potential residential conversion.

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Freestanding Restaurant Business

874 Lakewood Rd, Waterbury, CT 06704

$125,000

5,678 sqft

A long-term lease is in place, with any assignment requiring landlord approval.

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25-Unit Apartment Portfolio

701 S Main St, Waterbury, CT 06706

$2,600,000

7,728 sqft

Renovated multifamily portfolio with commercial space, tenant-paid utilities, off-street parking, and access to major regional routes.

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Subdividable Flex Space

15 West Clay St, Waterbury, CT 06706

$675,000

7,000 sqft

Warehouse improvements offer multiple service connections, two half baths, and dedicated parking areas.

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Prospect, CT Commercial Real Estate Market Trends and Statistics

Explore 131 commercial real estate for sale in Prospect, CT, showcased through 131 active listings on our real estate platform. These investment opportunities span a total of 750,088 square feet of properties for sale, with an estimated market value of $49,778,500.

Sale prices for business properties in Prospect, CT start at $125,000, averaging $957,278, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Prospect, CT CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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	$310.5K

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)

Average Property Price per SF

For-sale Residential Income pricing trends in New Haven County

Residential Income

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