Three-Unit Mixed-Use
30 Beach, Wolcott, CT 06716
For Sale
New
$550,000
Current tenants occupy a multi-unit commercial property, and each pays their own utilities.
Property Size1,960 SF
Days on Market7
Property Features for 30 Beach
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Asking Price
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Berkshire Hathaway NE Prop.
(860) 267-4481
Listed By:
Robyn Letourneau · License CT RES.0812297
(860) 918-3945
Source:
Iverty
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 10 at 8:11AM
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 Berkshire Hathaway NE Prop.
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Investment Insights
Based on property information with market context.
This mixed-use commercial building contains three separately rentable units and was built in 1960. The upper unit measures approximately 2,454 SF, while the lower-level unit is approximately 1,750 SF. Tenants pay their own utilities, and the property has an existing tenant base.
The property is at 30 Beach Rd in Wolcott, Connecticut, within the Greater Waterbury area. Wolcott borders Waterbury, Bristol, Southington, and Cheshire, and the I-84 corridor is within reach.
The property is at 30 Beach Rd in Wolcott, Connecticut, within the Greater Waterbury area. Wolcott borders Waterbury, Bristol, Southington, and Cheshire, and the I-84 corridor is within reach.
Key Highlights
- Three commercial units, each separately rentable
- Upper unit measures approximately 2,454 SF
- Lower‑level unit measures approximately 1,750 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,814
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,280
$476.3K
Cap Rate 7%
$340,200
$340.2K
Cap Rate 9%
$264,600
$264.6K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$42.3K $21.60/SF
− Vacancy
−$4.2K −$2.16/SF
EGI
$38.1K $19.44/SF
− OpEx
−$14.3K −$7.29/SF
NOI
$23.8K $12.15/SF
Area
Waterbury, CT
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,280
Cap Rate 7%
$340,200
Cap Rate 9%
$264,600
Alternative Uses
Best Use
Mixed Use
$340.2K
$297.7K – $396.9K
NOI $23,814 @ 7.0% cap · market cap 4.33%
Second Best
Retail
$236.7K
$207.1K – $276.2K
NOI $16,571 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$520.1K
$455.1K – $606.8K
NOI $36,409 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
15,759 visits/mo
0.3 miles
Webster Bank
Shops & Services
2,889 visits/mo
0.4 miles
Wells Fargo
Shops & Services
2,315 visits/mo
0.1 miles
Demographics for 06716, CT
15,996
Population
6,337
Households
2.5
Avg Household Size
46
Median Age
36%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
792
Density / Sq Mi
$114,529
Median Household Income
$56,463
Median Earnings
$1,650
Median Rent
$299,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in New Haven County, CT
Properties on Market for Mixed-use properties in New Haven County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Current tenants occupy a multi-unit commercial property, and each pays their own utilities.
Where is this mixed-use property located?
The property is located at 30 Beach Wolcott, 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: Three commercial units, each separately rentable; Upper unit measures approximately 2,454 SF; Lower‑level unit measures approximately 1,750 SF
