Property profile

197 Main St Waterbury, CT 06702

OFF-MARKET
Investment properties
Property ID
US15-0059767
9,828 SF 0.31 ac lot Built 1934
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1934
Total area 9,828 SF
Lot 0.31 ac (13,504 SF)
Zoning code CBD
APN WBRY M:0295 B:0069 L:0038
UPID US15-0059767

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy

Location

197 Main St Waterbury, CT 06702-2323
Waterbury metro Census 350101 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
$834k
Blend (final) Blend
$925k

Owner & transaction history

since 2024
Last sale
$925,000
4 recorded transactions
2024
$925,000
2009
$925,000
2006
$700,000
2002
Price N/A

Zoning & alternative use

CBD · Waterbury, CT
Zoning description

The intent of this zone is to promote central business district uses

General category COMMERCIAL
Top alternative use upside
Restaurant $1.4M +170.7%
Apartment house (5+ units) $970,000 +82.6%
Auto repair, garage $890,000 +67.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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