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Renovated First-Floor Office Unit
For Lease
$2,000/Mo

20 South Elm St Unit 103, Waterbury, CT 06706

Flexible commercial suite with an open work area, private offices, kitchenette, restrooms, and central HVAC.

Space SizeContact for details
Days on Market20

Property Features for 20 South Elm St Unit 103

General Information

Standard status Active

Building Details

Year Built 1910
Listing Agency: Titanium Real Estate Group,LLC
Listed By: Hitomi Batista
Source: Homesbyshoshana
Added: Aug 12 Changed: Aug 30 Last Checked: Aug 30 at 6:58PM

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 Titanium Real Estate Group,LLC

Investment Insights

Based on property information with market context.

This renovated 2,218 SF office unit occupies the first floor of a 1910 commercial building at 20 South Elm St Unit 103. The layout combines a broad open area with multiple private offices, providing flexibility for different business configurations. Modern flooring and updated lighting complement abundant natural light, while the suite also includes a kitchenette, private restrooms, and central HVAC.

The property is in Downtown Waterbury’s business district and carries CBD (Central Business District) zoning. Access to I-84 and Route 8 is nearby. The space is available immediately and includes modern finishes throughout.

Key Highlights

  • 2,218 SF of renovated commercial space
  • First‑floor unit at 20 South Elm St Unit 103
  • Open‑concept area plus multiple private offices

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility Hotel & Motel Garden Center

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

NNN (Triple Net)
Lease Type
$1.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,588
Businesses Nearby

Demographics for 06706, CT

14,699
Population
5,907
Households
2.5
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.8 sq mi
ZIP Area
3,868
Density / Sq Mi
$51,770
Median Household Income
$32,375
Median Earnings
$1,233
Median Rent
$171,400
Median Home Value

Market

Lease Benchmarks for Waterbury, CT

$15.94 /SF/Yr
Avg Asking Price
$6.14–$66.67 /SF/Yr
Price Range
2,275 SF
Avg Space Size

This space is priced 32% below the average of $15.94 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial suite with an open work area, private offices, kitchenette, restrooms, and central HVAC.
Where is this office units located?
The property is located at 20 South Elm St Unit 103 Waterbury, CT.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 2,218 SF of renovated commercial space; First‑floor unit at 20 South Elm St Unit 103; Open‑concept area plus multiple private offices
More about this property
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