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    1833 E Main St Waterbury, CT 06705

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    For Sale
    $450,000

    Automotive service garage in Waterbury, currently leased.

    Lot size:
    0.34 Acres

    Property Features for 1833 E Main St

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1963

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

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

    Overview

    Automotive Garage on East Main

    Located on East Main Street in Waterbury, this automotive service garage presents an investment opportunity. The property features 3,228 square feet of space and includes 4 drive-in doors. The property is currently leased at $3,500 per month, with rent increases and a 5-year option in place. The lease is structured as a triple net lease.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ray's Hill St. ... Auto Repair Shop

    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

    4Given Transport & Road Assistance LLC., E Harbor Petroleum Ltd, Waterbury Auto Glass LLC, BJ's Wholesale Club, East End Auto Repair & Sales LLC

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0115266
    Latitude
    41.5451355

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    FAQs

    What type of property is this?
    Auto shop - Automotive service garage in Waterbury, currently leased.
    Where is this auto shop located?
    The property is located at 1833 E Main St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location on East Main Street in a desirable area of Waterbury.; - Currently leased at $3,500 per month with rent bumps and a 5-year option.; - Triple net lease.
    (203) 525-5134
    Request Owner's contact information
    1833 E Main St 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
    1833 E Main St Waterbury, CT 06705
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