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    55 Store Ave Waterbury, CT 06705

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    For Sale
    $799,000

    Commercial building with renovated bar, hall, and ample parking.

    Lot size:
    0.34 Acres

    Property Features for 55 Store Ave

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1945

    Source: Don Orsini Realty, LLC Agent Donald L. Orsini

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

    Overview

    Commercial Building with Income Potential

    This commercial building, formerly a Franco-American bar and hall, is situated on a 0.34-acre lot and features 7,650 square feet of space. The hall is currently in use and maintained in clean condition. The bar area is undergoing renovations. The property benefits from a newer roof and ample parking. A tenant is currently in place with 4 years remaining on a 5-year gross lease at a rate of $6,500. Owner financing options are available.
    Insight Report Location Intelligence

    Current Use by Public Records

    The COVE bar and grill Social Club A.t.S (Above the Surface ... Photography Service

    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.

    Similar Places Nearby

    East Enders Local Cafe, COOP'S RESTAURANT, BAR & LOUNGE, McFairlawn Tavern, J spot lounge & bar, Cafe 195

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.010575
    Latitude
    41.5516646

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    FAQs

    What type of property is this?
    Bar - Commercial building with renovated bar, hall, and ample parking.
    Where is this bar located?
    The property is located at 55 Store Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Tenant in place with 4 years remaining, generating $6,500 monthly income.; - Large 7,650sf commercial building on .34 acre.; - Newer roof and ample parking.
    (203) 525-5134
    Request Owner's contact information
    55 Store Ave 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
    55 Store Ave Waterbury, CT 06705
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