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    235 Meriden Rd Waterbury, CT 06705

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    For Sale
    $595,000

    6,800 SF leased commercial building in high-traffic area.

    Property size:
    6,800 SF
    Lot size:
    0.46 Acres

    Property Features for 235 Meriden Rd

    General Information

    Size
    6,800 SF
    Lot size
    0.46 Acres

    Source: Godin Property Brokers Agent Edward Godin, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Commercial Building For Sale

    This is a 6,800 square foot leased commercial building situated on 0.45 acres at a signalized corner. The property benefits from a high-traffic location, with approximately 12,900 cars passing daily, according to DOT CA zoning data. The building includes a large bonus basement area. The net operating income is approximately $62,000. The property is located on Meriden Road in Waterbury, CT.
    Insight Report Location Intelligence

    Current Use by Public Records

    Big apple mini ... Convenience Store Bins Zone Waterbury Discount Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0105115
    Latitude
    41.5506357

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    FAQs

    What type of property is this?
    Retail space - 6,800 SF leased commercial building in high-traffic area.
    Where is this retail space located?
    The property is located at 235 Meriden Rd Waterbury, CT.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - High Traffic Area: Over 12,900 cars pass by daily, per DOT data.; - Net Operating Income approximately $62,000.00.; - Signalized corner location for easy access.
    (203) 577-2277
    Request Owner's contact information
    235 Meriden Rd Waterbury, CT 06705
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    Waterbury, CT 06705
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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
    235 Meriden Rd Waterbury, CT 06705
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