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Renovated Ground-Floor Office Unit
For Lease
$800/Mo

49 Hill Street, Waterbury, CT 06704

Commercial For Lease, Waterbury, CT

Space Size700 SF
Lot Size0.15 Acres
Days on Market85

Property Features for 49 Hill Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning RM
Interior features Living Space Available,Window Display
Lot features Level Lot
Directions Nprth Main to Hill
Subdivision North End
Standard status Active
Size 700 SF
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Amenities

1/2 bath

Building Details

Year built 2022
Floors in Building 3
Flooring type Tile
Listing Agency: Ghent Realty Advisors
Listed By: Robert Ghent · License #REB.0790043
Added: Jun 5 Changed: Aug 27 Last Checked: Aug 28 at 11:06PM
MLS# 24181506

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.

Investment Insights

Based on property information with market context.

This 700-square-foot ground-floor office unit occupies space within a multifamily building at 49 Hill Street. The interior was fully renovated in 2022 and includes a half bath, tile flooring, window display capability, and hot water baseboard heating. Public water and public sewer serve the property.

The site encompasses 0.15 acres and records 4,300 ADTV. The property carries RM zoning; permitted uses should be confirmed with the local zoning office before occupancy.

Key Highlights

  • 700 SF ground‑floor office unit in a multifamily building
  • Full interior renovation completed in 2022
  • Window display capability with tile flooring

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Catering Service Electrical Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4,300 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.06 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 06704, CT

27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value

Market

Lease Benchmarks for Waterbury, CT

$15.94 /SF/Yr
Avg Asking Price
$6.14–$66.67 /SF/Yr
Price Range
2,275 SF
Avg Space Size

This space is priced 14% below the average of $15.94 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-floor commercial space offers window display capability, tile flooring, and a half bath within a multifamily building.
Where is this office units located?
The property is located at 49 Hill Street Waterbury, CT.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: 700 SF ground‑floor office unit in a multifamily building; Full interior renovation completed in 2022; Window display capability with tile flooring
More about this property
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