Bar and Restaurant with Commercial
For Sale
$550,000
212 Frost Road, Waterbury, CT 06705
A three-unit configuration includes separate HVAC and electrical systems, along with three bathrooms.
Property Size3,639 SF
Price / SF$151.14
Days on Market218
Property Features for 212 Frost Road
General Information
Standard status
Active
Size
3,639 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
RL
Site & Location
Neighborhood
Reidville
Highway Access
Yes
Amenities
Public Restrooms
Gutters
Loading Dock/Well
Lighting
Building Details
Building Size
3,639 SF
Year Built
1965
Buildings
1
Listing Agency:
Regency Real Estate, LLC
(860) 945-9868
Listed By:
Ken Demirs · License #REB.0755676
(860) 483-1107
Source:
Cappellorealty
Added: Mar 20
Changed: Oct 22
Last Checked: Oct 22 at 2:20PM
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 Regency Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,639-square-foot bar and restaurant building has a full commercial kitchen and a full basement with multiple walk-in coolers. Originally arranged as three units, it has three furnaces, three central air conditioning systems, three electrical panels, and three bathrooms. The building was constructed in 1965, with newer central air conditioning, furnaces, roof, and siding.
On-site parking accommodates approximately 12 vehicles, with additional street parking available. The property is on Frost Road in Waterbury and has access to I-84. Zoning is RL.
On-site parking accommodates approximately 12 vehicles, with additional street parking available. The property is on Frost Road in Waterbury and has access to I-84. Zoning is RL.
Key Highlights
- 3,639‑square‑foot building configured as three units
- Full commercial kitchen and full basement with multiple walk‑in coolers
- Three furnaces, three central air conditioning systems, three electrical panels, and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,027
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,540
$700.5K
Cap Rate 7%
$500,386
$500.4K
Cap Rate 9%
$389,189
$389.2K
Market Conditions
NOI Build-Up for 3,639 SF
Gross rent
$50.2K $13.80/SF
− Vacancy
−$3.5K −$0.97/SF
EGI
$46.7K $12.83/SF
− OpEx
−$11.7K −$3.21/SF
NOI
$35.0K $9.63/SF
Area
Waterbury, CT
Vacancy
7.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,540
Cap Rate 7%
$500,386
Cap Rate 9%
$389,189
Alternative Uses
Best Use
Specialty Retail
$500.4K
$437.8K – $583.8K
NOI $35,027 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$965.7K
$845.0K – $1.13M
NOI $67,598 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Electronics 11%
Citgo
Shops & Services
4,727 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,339 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
3,023 visits/mo
0.5 miles
AT&T
Electronics
1,502 visits/mo
0.4 miles
Demographics for 06705, CT
27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- COOP'S RESTAURANT, BAR & LOUNGE — 1980 E Main St, Waterbury, CT 06705
- J spot lounge & bar — 1980 E Main St, Waterbury, CT 06705
- East Enders Local Cafe — 1719 E Main St, Waterbury, CT 06705
- McFairlawn Tavern — 216 Frost Rd, Waterbury, CT 06705
- Cafe 195 — 195 Meriden Rd, Waterbury, CT 06705
Frequently Asked Questions
What type of property is this?
Bar & Pub - A three-unit configuration includes separate HVAC and electrical systems, along with three bathrooms.
Where is this bar & pub located?
The property is located at 212 Frost Road Waterbury, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,639‑square‑foot building configured as three units; Full commercial kitchen and full basement with multiple walk‑in coolers; Three furnaces, three central air conditioning systems, three electrical panels, and three bathrooms
