First-Floor Office
New
For Sale
Contact for pricing
1469 Thomaston Ave Fl 1, Waterbury, CT 06704
Two separate rooms, a kitchen area, and access to a shared bathroom support a practical office layout.
Property Size300 SF
Price / SF$3.67
Days on Market6
Property Features for 1469 Thomaston Ave Fl 1
General Information
Standard status
Active
Size
300 SF
Site & Location
Neighborhood
Waterville
Additional Details
Floor
First Floor
Property Use
Office
Amenities
electric heat
shared bathroom
kitchen area
Building Details
Year Built
1907
Listing Agency:
Brass City Homes Real Est. LLC
Listed By:
Michael C. Grady (203) 509-7248 (203) 509-7248 · License #RES.0786904
(860) 416-4482
Source:
Sunsetcreekrealty
Added: Oct 25
Changed: Oct 28
Last Checked: Oct 28 at 3:51PM
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 Brass City Homes Real Est. LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 300-square-foot office unit is on the first floor and is divided into two separate rooms. The space includes a kitchen area, electric heat, and access to a shared bathroom. The building was constructed in 1907.
The property is at 1469 Thomaston Ave in Waterbury, next to Route 8.
The property is at 1469 Thomaston Ave in Waterbury, next to Route 8.
Key Highlights
- 300‑square‑foot first‑floor office unit
- Two separate rooms
- Kitchen area and shared bathroom access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,875
Suggested Prices Based on Cap Rates
Cap Rate 5%
$77,500
$77.5K
Cap Rate 7%
$55,357
$55.4K
Cap Rate 9%
$43,056
$43.1K
Market Conditions
NOI Build-Up for 300 SF
Gross rent
$6.3K $21.00/SF
− Vacancy
−$1.1K −$3.78/SF
EGI
$5.2K $17.22/SF
− OpEx
−$1.3K −$4.31/SF
NOI
$3.9K $12.92/SF
Area
Waterbury, CT
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$77,500
Cap Rate 7%
$55,357
Cap Rate 9%
$43,056
Alternative Uses
Best Use
Office B
$55.4K
$48.4K – $64.6K
NOI $3,875 @ 7.0% cap · market cap 352.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$79.6K
$69.7K – $92.9K
NOI $5,573 @ 7.0% cap · market cap 506.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 06704, CT
27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Two separate rooms, a kitchen area, and access to a shared bathroom support a practical office layout.
Where is this office unit located?
The property is located at 1469 Thomaston Ave Fl 1 Waterbury, CT.
What are key features of this property?
This property features: 300‑square‑foot first‑floor office unit; Two separate rooms; Kitchen area and shared bathroom access
