Turn-Key Historic
21 Leavenworth St Waterbury, CT 06702
21 Leavenworth St, Waterbury, CT, 06702
Contact for pricing
For Sale
Contact for pricing
Historic landmark restaurant offered fully equipped and turn-key in the central business district.
Property Size4,259 SF
Price / SF$111.53
Days on Market137
Property Features for 21 Leavenworth St
General Information
- Standard status
- Active
- Size
- 4,259 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1868
Listing agency
Giglio Commercial Real Estate
(203) 755-0030
Listed by
Dom Giglio · License #CT REB0788299
Source
Crexi
Added: Mar 9 Updated: Jul 22 at 2:10PM Checked: Jul 22 at 2:10PM
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 Giglio Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale restaurant opportunity is a historic landmark and is offered fully equipped and turn-key. The property is set up as an operating restaurant, providing an immediate start for a qualified buyer.
The restaurant is located at 21 Leavenworth St in Waterbury’s central business district, positioned for visibility and convenience within the area’s core.
With a total size of 4,259 square feet, this offering is designed for continuity of operations as a restaurant asset.
The restaurant is located at 21 Leavenworth St in Waterbury’s central business district, positioned for visibility and convenience within the area’s core.
With a total size of 4,259 square feet, this offering is designed for continuity of operations as a restaurant asset.
Key Highlights
- Historic landmark restaurant
- Year built: 1868
- Offered fully equipped and turn‑key
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.8k | $13.80 |
| − Vacancy | −$4.1k | −$0.97 |
| EGI | $54.7k | $12.83 |
| − OpEx | −$13.7k | −$3.21 |
| NOI | $41.0k | $9.63 |
4,259 SF · lease $13.80/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$585.6K
$512.4K – $683.3K
NOI $40,995 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$988.9K – $1.32M
NOI $79,115 @ 7.0% cap · market cap 16.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tullamore Public House
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Historic landmark restaurant offered fully equipped and turn-key in the central business district.
Where is this conventional restaurant located?
The property is located at 21 Leavenworth St Waterbury, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Historic landmark restaurant; Year built: 1868; Offered fully equipped and turn‑key
