399 Wolcott Road, Wolcott, CT 06716
- Added:
- Sep 19, 2025
- Days on Market:
- 282
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 399 Wolcott Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC
- Interior features
- Public Restrooms
- Exterior features
- Gutters,Pole Sign
- Standard status
- Active
- Size
- 2,382 SF
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3953
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 2
Listing agent Dawn Rousseau License #REB.0791790 (203) 217-6522
Listing office Showcase Realty, Inc. 76 Watertown Rd, Oakville, CT (860) 283-1298
Listing date Sep 19, 2025
Copyright © 2026 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.
HighLights
- Substantial two‑story building plus finished basement, built in 1942
- Nearly an acre site with approximately 25 on‑site parking spaces and room for expansion
- Utilities include public water and public sewer
- HVAC includes wall unit(s) cooling and central heat; newer furnace installed within 6 years; ductwork for central air in place
- Exterior includes pole sign and gutters; interior includes public restrooms
- Property was most recently operated as a private event space; buyer to verify any conversion/uses in due diligence
Overview
The site is positioned for visibility along a heavily traveled corridor at 399 Wolcott Road in Wolcott. The property is described as a neighborhood landmark for more than 70 years, with approximately 30,000 to 40,000 vehicles passing daily. On-site parking is approximately 25 spaces, with room for expansion.
Zoning is GC, making the property a practical fit for operators looking for a higher-profile venue with meaningful parking. It may work for a restaurant and lounge concept, a multi-level entertainment format, or a mixed-use approach combining commercial and residential elements. The buyer should perform due diligence regarding proposed use and any potential conversion of the upper level back to a residential unit. Owner financing is also noted as available, with terms to be confirmed during due diligence.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.9k | $13.80 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $30.6k | $12.83 |
| − OpEx | −$7.6k | −$3.21 |
| NOI | $22.9k | $9.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wolcott
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.991268
- Latitude
- 41.589628
