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    318 Congress Ave Waterbury, CT 06708

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    For Sale
    $469,900

    Fully rented mixed-use property with residential and commercial spaces.

    Lot size:
    0.20 Acres

    Property Features for 318 Congress Ave

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1920

    Source: eXp Realty Agent Edmundo DaSilva

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

    Overview

    Mixed-Use Property in Waterbury

    This mixed-use property in Waterbury features both residential and commercial spaces. The property is fully rented. There are two residential units, each containing 2 bedrooms, 1 bathroom, and a kitchen with a dining area. The commercial unit is located on the first floor and benefits from high visibility and foot traffic. A recent AC system was installed in the barber shop, and a tankless water heater was installed 3 years ago.
    Insight Report Location Intelligence

    Current Use by Public Records

    Master Shave Barber Shop Sommers barber shop ... Barber Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0487025
    Latitude
    41.5412601

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    FAQs

    What type of property is this?
    Mixed-use property - Fully rented mixed-use property with residential and commercial spaces.
    Where is this mixed-use property located?
    The property is located at 318 Congress Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $469,900.
    What are key features of this property?
    This property features: - Fully rented mixed-use property providing immediate income.; - Two spacious 2-bedroom residential units.; - High-visibility commercial space with strong foot traffic.
    (475) 243-9868
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    318 Congress Ave Waterbury, CT 06708
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    Waterbury, CT 06708
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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
    318 Congress Ave Waterbury, CT 06708
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