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    151 Highland Ave Waterbury, CT 06708

    For Sale
    $475,000

    Multi-Family For Sale - Waterbury, CT

    Property size:
    2,704 SF
    Lot size:
    0.13 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 151 Highland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CN
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    1
    APN
    1382866
    Parking features
    Garage, Garage - Detached
    Interior features
    Thermopane Windows
    Basement Y/N
    1
    Size
    2,704 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1920
    Building materials
    Other
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Advantage Realty Group (203) 755-4015 x10 [email protected]

    Listing agent Judith Caputo (203) 755-4015

    Listing date Oct 29, 2025

    MLS# 24096040 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Retail & Apartment Building

    This mixed-use building in Waterbury, CT, is zoned for commercial and apartment use. The property includes an established deli and convenience store that has been in operation for approximately 22 years. The business, including equipment, is available for separate purchase. The building also features a 6-room, 3-bedroom apartment on the second level, complete with a newer kitchen, formal dining room, and hardwood floors. Access to a large attic is available via pull-down stairs. A detached 2-car garage is on the premises, with each bay currently rented monthly. The property is equipped with 24-hour surveillance and video cameras throughout. The building size is 2704 square feet and the lot size is 0.13 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cherry Valley Marketplace

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0583577
    Latitude
    41.5527775

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    FAQs

    What type of property is this?
    Grocery and convenience store - Mixed-use building with retail space and apartment in Waterbury.
    Where is this grocery and convenience store located?
    The property is located at 151 Highland Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Mixed-use building with established deli and convenience store.; - Owner-occupied potential with a 6-room, 3-bedroom apartment on the 2nd level.; - Business opportunity with equipment included for $75,000.
    (203) 755-4015
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 Highland Ave Waterbury, CT 06708
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