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Four-Bay Auto Repair Business
For Sale
$159,000

742 Lakewood Road, Waterbury, CT 06704

Business For Sale, Waterbury, CT

Property SizeContact for details
Lot Size0.30 Acres
Days on Market59

Property Features for 742 Lakewood Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning CA
Directions GPS friendly
Standard status Active
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 12263

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1995
Listing Agency: Century 21 Classic Homes · Century 21 Real Estate
Listed By: Gary Pruitt · License #RES.0783857
Added: Jul 2 Changed: Aug 23 Last Checked: Aug 29 at 1:06AM
MLS# 24188656

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.

Automotive repair business offered separately from the real estate, with four service bays equipped with vehicle lifts. The transaction is subject to establishing a new lease with the property owner, making lease terms part of the acquisition process.

The operation is located at 742 Lakewood Road in Waterbury, Connecticut, within a property identified as CA-zoned. The underlying parcel contains 0.3 acres, with public water and public sewer service. The building dates to 1995 and has window-unit cooling. Additional transaction details are available through the listing agent, and site visits should be coordinated through the agent rather than conducted independently.

Key Highlights

  • Four automotive service bays with lifts
  • Business sale is separate from the real estate
  • New lease with the landlord is required

Property Analytics

Current Use

The Brake & General Repair ... Auto Repair Shop K O's Auto ... Car Wash

Suggested Use

Top Pick Law Firm Real Estate Agency Computer & Electronic Repair Accounting Firm (Bike/Boat/Book/etc) Store Garden Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby
227k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Shops & Services 25% Groceries 20% Apparel 17%
Stop & Shop Groceries
45,091 visits/mo 0.4 miles
T.J. Maxx Apparel
33,157 visits/mo 0.3 miles
McDonald's Dining
26,857 visits/mo 0.5 miles
Wendy's Dining
20,019 visits/mo 0.5 miles
Ocean State Job Lot Shops & Services
11,947 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Meineke Car Care Center 760 Wolcott St, Waterbury, CT 06705
  • Firestone Complete Auto Care 809 Wolcott St, Waterbury, CT 06705
  • Walmart Auto Care Centers 910 Wolcott St, Waterbury, CT 06705
  • Fleet Pump & Services Group 244 Transit St, Waterbury, CT 06704, United States
  • Monro Auto Service And Tire Centers 1040 Wolcott St, Waterbury, CT 06705

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive repair operation with lift-equipped bays and a new lease subject to landlord approval.
Where is this auto shop located?
The property is located at 742 Lakewood Road Waterbury, CT.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Four automotive service bays with lifts; Business sale is separate from the real estate; New lease with the landlord is required
More about this property
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