Freestanding CBD Office
For Sale
Contact for pricing
255 Bank St, Waterbury, CT 06702
Four-story office property with elevator service, central HVAC, and underground plus on-site parking.
Property Size44,454 SF
Lot Size0.62 Acres
Days on Market143
Property Features for 255 Bank St
General Information
Standard status
Active
Size
44,454 SF
Total Parking Spaces
46
Elevators
Yes
Lot size
0.62 Acres
Property subtype
Office
Zoning
CBD
Net Operating Income
$332,710
Financials
Asking Price
$3,950,000
Cap Rate
8.4%
Additional Details
Utilities to Site
Yes
Sprinkler System
Yes
Building Details
Year Built
1986
Buildings
1
Stories
4
Building Size
44,454 SF
Construction
Brick
Listing Agency:
Matthews Commercial Properties LLC
(203) 753-5800
Listed By:
Gerry Matthews · License #CT REB.0754503
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 9:18PM
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 Matthews Commercial Properties LLC
Investment Insights
Based on property information with market context.
Located at 255 Bank St in Waterbury’s Central Business District, this freestanding office property contains approximately 44,454 SF across four stories. Built in 1986, the brick building features a concrete foundation, finished interiors, an elevator, central HVAC with gas forced-air heat, and a sprinkler system. Underground and on-site parking accommodates 46 vehicles.
The property occupies approximately 0.62 acres and records traffic volumes ranging from 2,700 to 9,100 vehicles per day. It is served by city water and sewer, with electric and gas service from Eversource. CBD zoning supports its established office setting. The reported cap rate is 8.4%.
The property occupies approximately 0.62 acres and records traffic volumes ranging from 2,700 to 9,100 vehicles per day. It is served by city water and sewer, with electric and gas service from Eversource. CBD zoning supports its established office setting. The reported cap rate is 8.4%.
Key Highlights
- Approximately 44,454 SF freestanding office building on 0.62 Acres +/-
- Four‑story building constructed in 1986 with brick exterior and concrete foundation
- Underground and on‑site parking for 46 vehicles
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Four-story office property with elevator service, central HVAC, and underground plus on-site parking.
Where is this office building located?
The property is located at 255 Bank St Waterbury, CT.
What are key features of this property?
This property features: Approximately 44,454 SF freestanding office building on 0.62 Acres +/-; Four‑story building constructed in 1986 with brick exterior and concrete foundation; Underground and on‑site parking for 46 vehicles
