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    Four-Story Restaurant Landmark Title is generated by Realmo AI

    26 North Main Street, Waterbury, CT 06702

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    Claim this Listing
    For Sale
    $850,000

    Turnkey hospitality building on North Main Street with recent renovations and space suited for dining, bar service, or events.

    Type:Commercial
    Property size:
    7,510 SF
    Price / SF:
    $113/SF
    Added:
    Jun 11, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 20 at 9:36 am

    Property Features for 26 North Main Street

    General Information

    Standard status
    Active
    Size
    7,510 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    GEORGE NOUJAIM

    Listing agent GEORGE NOUJAIM License #RES.0820988

    Listing office Dave Jones Realty, LLC

    Listing date Jun 11, 2026

    Source Corcoran

    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 Dave Jones Realty, LLC

    HighLights

    • 4‑story historic commercial building built in 1900 with approx. 7,510 SF across four levels
    • Located directly on North Main Street overlooking the Downtown Green
    • Currently home to the Brass Horse Restaurant Bar
    • Recent renovations with a remodeled dining environment that preserves historic charm and adds modern hospitality amenities
    • Space is suited for dining, bar service, and event use for flexible revenue opportunities
    • Walkable to Palace Theater, Mattatuck Museum, and University of Connecticut Waterbury Campus

    Overview

    This four-story commercial landmark is designed for restaurant and bar operations and is currently positioned as the home of the Brass Horse Restaurant Bar. The building offers approximately 7,510 square feet across four levels, with interior dining areas that have been remodeled while preserving historic architectural character. Recent renovations and modern hospitality amenities support a turnkey transition for an operator, with the layout providing flexibility for multiple revenue streams, including guest dining, bar service, and event use.

    The property is located directly on North Main Street and overlooks the Downtown Green, supporting strong street visibility and pedestrian activity. It sits within Waterbury’s downtown business and entertainment district, with major downtown destinations nearby, including the Palace Theater, Mattatuck Museum, and the University of Connecticut Waterbury Campus.

    For buyers and operators seeking an established hospitality property, the combination of street-facing presence, four-level configuration, and recent interior improvements can help streamline the path to reopening or repurposing for a new concept. The building’s location in a concentrated downtown activity center also supports businesses that rely on foot traffic and walk-in demand.

    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 $103.6k $13.80
    − Vacancy −$7.3k −$0.97
    EGI $96.4k $12.83
    − OpEx −$24.1k −$3.21
    NOI $72.3k $9.63
    7,510 SF · lease $13.80/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.03M
    $903.6K – $1.20M (±1% cap)
    NOI $72,288 @ 7.0% cap · market cap 8.50%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.99M
    $1.74M – $2.33M (±1% cap)
    NOI $139,506 @ 7.0% cap · market cap 16.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Brass Horse Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0403424
    Latitude
    41.556264

    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey hospitality building on North Main Street with recent renovations and space suited for dining, bar service, or events.
    Where is this conventional restaurant located?
    The property is located at 26 North Main Street Waterbury, CT.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 4‑story historic commercial building built in 1900 with approx. 7,510 SF across four levels; Located directly on North Main Street overlooking the Downtown Green; Currently home to the Brass Horse Restaurant Bar
    More about this property
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