Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    500 Bank St Waterbury, CT 06708

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,200,000

    6582 Sq Ft commercial building in high-traffic area.

    Lot size:
    0.60 Acres

    Property Features for 500 Bank St

    General Information

    Lot size
    0.60 Acres

    Building Details

    Year built
    1990

    Source: Century 21 Scala Group Agent Rosania Melo

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

    Overview

    Well-Maintained Commercial Building For Sale

    This is a well-maintained commercial building with 6582 square feet. The property is currently fully rented with existing tenants. A 10-space parking lot is available for customer convenience. The building is located in a high-traffic area with significant foot and vehicle traffic. The surrounding area includes other local businesses, contributing to a busy and thriving commercial environment. This property is suitable for investors.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sun Kee Kitchen Chinese Restaurant Anthony's Barber & Style ... Barber Shop Carousel Farms Deli Sullivan's Discount Liquors Wine Store ADRIANA'S CAFE LLC Restaurant

    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.

    Similar Places Nearby

    Honey Flower Shop, Orchids & Branches & Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0439773
    Latitude
    41.5494551

    Nearby Similar for Sale

    • $475,000
      2,704 SF

      Mixed-Use Retail & Apartment Building

      Mixed-use building with retail space and apartment in Waterbury.
      151 Highland Ave, Waterbury, CT 06708
      View Details
    • $329,000
      2,184 SF

      Updated Two-Family Home

      Updated two-family home with two-bedroom apartments in Waterbury, CT.
      41 Laval St, Waterbury, CT 06706
      View Details
    • $525,000
      3,900 SF

      Profitable Restaurant & Bar Business

      Turnkey restaurant and bar with high traffic location and strong reputation.
      1457 Meriden Rd, Wolcott, CT 06716
      View Details
    • $479,000
      Pending

      Waterbury Multi-Family with Garage

      Multi-family property in Waterbury with detached four-car garage.
      255 Hill St, Waterbury, CT 06704
      View Details
    • $689,900
      4,104 SF

      Fully Occupied Four-Family Property

      Four-family property with an 8% CAP rate, fully occupied.
      62 Poplar St, Waterbury, CT 06708
      View Details
    • $450,000
      2,448 SF

      Renovated Two-Family with In-Law Apartment

      Fully renovated two-family home with in-law apartment and recreation room.
      137 Greenmount Ter, Waterbury, CT 06708
      View Details

    FAQs

    What type of property is this?
    Storefront property - 6582 Sq Ft commercial building in high-traffic area.
    Where is this storefront property located?
    The property is located at 500 Bank St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 6582 sq ft commercial building; - All units currently rented with tenants; - 10-spot parking lot
    (203) 545-1459
    Request Owner's contact information
    500 Bank St Waterbury, CT 06708
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 Bank St
    Waterbury, CT 06708
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    500 Bank St Waterbury, CT 06708
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.