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Approved Mixed-Use Redevelopment Building
For Sale
$825,000

158 Grand Street, Waterbury, CT 06702

For sale mixed-use building with approved plans for ground-floor commercial space and 10 residential apartments above.

Property Size1,900 SF
Price / SF$71.17
Days on Market74

Property Features for 158 Grand Street

General Information

Standard status Active
Size 1,900 SF
Property subtype Commercial

Additional Details

Multifamily Units 10

Building Details

Building Size 1,900 SF
Year Built 1900
Listing Agency: Vanguard Private Client Grp
Listed By: Natalie Zoef · License #RES.0817776
Source: Iverty
Added: Jun 24 Changed: Sep 4 Last Checked: Sep 5 at 6:23AM

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 Private Client Grp

Investment Insights

Based on property information with market context.

This building is being offered with approved architectural plans, MEPs, and a civil survey for a mixed-use redevelopment. The approval package includes a ground-floor commercial component with 10 residential apartments above, with an approved unit mix of 2 studios, 7 one-bedroom units, and 1 two-bedroom unit.

The property is located at 158 Grand Street in Waterbury, Connecticut. With the entitlement work already completed and the project documentation in place, the next owner can move directly toward construction planning with the provided materials.

The offering is centered on the approved redevelopment configuration, including the planned residential unit mix and supporting design and engineering documents.

Key Highlights

  • Year built: 1900
  • Approved mixed‑use redevelopment plans for ground‑floor commercial plus 10 residential apartments above
  • Approved unit mix: 2 studios, 7 one‑bedroom units, and 1 two‑bedroom unit

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Travel Agency Locksmith Veterinary Clinic Pet Grooming Service

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

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,613
Businesses Nearby

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - For sale mixed-use building with approved plans for ground-floor commercial space and 10 residential apartments above.
Where is this mixed-use property located?
The property is located at 158 Grand Street Waterbury, CT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Year built: 1900; Approved mixed‑use redevelopment plans for ground‑floor commercial plus 10 residential apartments above; Approved unit mix: 2 studios, 7 one‑bedroom units, and 1 two‑bedroom unit
More about this property
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