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Mixed-Use Building with Retail
For Sale
Contact for pricing
Pending

38 Bank St, Waterbury, CT 06702

Ground-floor retail is rented, while both upper levels are zoned for residential units.

Property SizeContact for details
Days on Market142

Property Features for 38 Bank St

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: Vanguard PCG
Listed By: Alex Opuszynski · License #CT REB.0793292
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vanguard PCG

Investment Insights

Based on property information with market context.

Located at 38 Bank St in Waterbury, this mixed-use property combines ground-floor retail with two upper levels designated for residential redevelopment. The second and third floors are each zoned for four residential units, creating a defined framework for an eight-unit residential component above the commercial space.

The retail area is currently rented, providing an existing commercial use at street level. Additional income is generated by a billboard, and residential redevelopment projects are located on the same block.

Key Highlights

  • Ground‑floor retail space is currently rented
  • Second floor zoned for 4 residential units
  • Third floor zoned for 4 residential units

Property Analytics

Current Use

CT POTTY RENTALS ... Building Supply

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Florist Travel Agency Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,717
Businesses Nearby
173k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 25% Apparel 17% Hotels & Casinos 6%
Five Below Shops & Services
31,326 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
30,074 visits/mo 0.5 miles
Dunkin' Donuts Dining
23,411 visits/mo 0.2 miles
Chili's Grill & Bar Dining
20,070 visits/mo 0.5 miles
Barnes & Noble Shops & Services
13,355 visits/mo 0.4 miles

Demographics for 06702, CT

3,882
Population
1,910
Households
2
Avg Household Size
45
Median Age
8%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
5,546
Density / Sq Mi
$16,198
Median Household Income
$15,833
Median Earnings
$720
Median Rent

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail is rented, while both upper levels are zoned for residential units.
Where is this mixed-use property located?
The property is located at 38 Bank St Waterbury, CT.
What are key features of this property?
This property features: Ground‑floor retail space is currently rented; Second floor zoned for 4 residential units; Third floor zoned for 4 residential units
More about this property
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