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    734 Rubber Ave Naugatuck, CT 06770

    For Sale
    $545,000

    Versatile Commercial Property, Multiple Income Streams

    Property size:
    3,356 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 3,356 square foot commercial building, situated on a 0.34-acre lot at 734 Rubber Avenue in Naugatuck, CT, presents a unique investment opportunity. Currently configured for diverse uses, the property offers significant income potential. The first floor, currently occupied by an insurance office, boasts ample natural light and a flexible layout suitable for a variety of professional businesses. Its prime location on Rubber Avenue ensures high visibility and accessibility. The second floor comprises two separate units, each offering adaptable space for office use, co-working spaces, retail, or service-based businesses. The layout's flexibility allows for customization to suit a wide range of tenants and business models. Adding to the property's financial appeal is a cell phone antenna on the roof, generating passive income. This feature enhances the overall return on investment, making this property particularly attractive to savvy investors seeking additional revenue streams. Priced at $545,000, this well-maintained building offers a compelling combination of location, versatility, and multiple income streams, representing a rare opportunity in the Naugatuck commercial market. The property's strong potential for growth and diverse income generation makes it an ideal acquisition for both investors and business owners seeking a strategic foothold in a thriving Connecticut town.

    Property Features for 734 Rubber Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,356 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1987
    Insight Report Location Intelligence

    Current Use by Public Records

    Healy Lynn Insurance ... Insurance Agency CT Pest Solutions Pest Control Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Naugatuck
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.07973
    Latitude
    41.49258

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Property, Multiple Income Streams
    Where is this commercial real estate located?
    The property is located at 734 Rubber Ave Naugatuck, CT.
    What is the asking price?
    The asking price for this property is $545,000.
    (203) 806-1435
    Request Owner's contact information
    734 Rubber Ave Naugatuck, CT 06770
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    Naugatuck, CT 06770
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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
    734 Rubber Ave Naugatuck, CT 06770
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