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    195 Freight St Waterbury, CT 06702

    Sponsored
    For Sale
    $2,500,000

    Downtown Waterbury, 34,200 SF, High Potential

    Property size:
    34,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 34,200-square-foot former warehouse presents a compelling redevelopment opportunity in the heart of downtown Waterbury, CT. Situated on a 1.82-acre lot in the Central Business District (CBD), this property offers significant potential for a variety of uses, including retail, dining, multifamily residential, medical facilities, office space, educational institutions, daycare centers, and fitness centers. The property's strategic location offers unparalleled access to transportation, being just a quarter-mile from the I-84 and Route 8 interchange and a two-minute walk from the Metro North Train Station. Further enhancing its appeal, the property benefits from its proximity to a planned 20-acre mixed-use development emphasizing a "Work, Live, Play" theme, and is located on newly paved Jackson Street. A nearby bicycle path adds to the area's growing appeal. The property currently features two leasable units: a 12,200-square-foot space with 21-foot ceilings and a loading dock, available for $6 per square foot triple net

    Property Features for 195 Freight St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    34,200 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterbury Portable Toilet ... Portable Toilet Supplier Soirée Nightclub Night Club Elite 23 Social ... Social Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.04949
    Latitude
    41.55333

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Waterbury, 34,200 SF, High Potential
    Where is this commercial real estate located?
    The property is located at 195 Freight St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (203) 525-5134
    Request Owner's contact information
    195 Freight St Waterbury, CT 06702
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    Waterbury, CT 06702
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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
    195 Freight St Waterbury, CT 06702
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