Two-Bay Garage
34 Judd Street Waterbury, CT 06702
34 Judd Street, Waterbury, CT, 06702
$249,900
For Sale
$249,900
Garage building with two bays in a downtown setting with easy highway access, sold as-is.
Property Size2,200 SF
Price / SF$113.59
Days on Market27
Property Features for 34 Judd Street
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agency
Showcase Realty, Inc.
(203) 879-4900
Listed by
VINCENT DEVICO
Source
Corcoran
Added: Jun 26 Updated: Jul 22 at 9:33AM Checked: Jul 22 at 9:33AM
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 Showcase Realty, Inc.
Investment Insights
Based on property information with market context.
This property is a two-bay garage building suited for auto-related uses or to support a small business setup. The offering includes the existing structure and is being sold as-is.
The building is located in a downtown area with easy access to highways, providing convenient connectivity for day-to-day operations.
Prospective buyers should review the property condition and intended use in light of the as-is sale terms.
The building is located in a downtown area with easy access to highways, providing convenient connectivity for day-to-day operations.
Prospective buyers should review the property condition and intended use in light of the as-is sale terms.
Key Highlights
- Garage building built in 1940 with 2 bays
- Downtown location with easy access to highways
- Building sold as‑is
Local Financial Insights For 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 | $29.0k | $13.20 |
| − Vacancy | −$2.5k | −$1.12 |
| EGI | $26.6k | $12.08 |
| − OpEx | −$8.0k | −$3.62 |
| NOI | $18.6k | $8.45 |
2,200 SF · lease $13.20/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$265.7K
$232.5K – $310.0K
NOI $18,600 @ 7.0% cap · market cap 7.44%
Second Best
Industrial
$243.2K
$212.8K – $283.7K
NOI $17,024 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$583.8K
$510.8K – $681.1K
NOI $40,867 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Inflate tires mobile
(Bike/Boat/Book/etc) Store
Best tire 24hr
Auto Parts Store
Best Auto 34
Auto Repair Shop
Wilkins Motorsports
Car Dealership
Swan Mechanix LLC
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- South Main Tire Shop — 550 S Main St, Waterbury, CT 06706
- Majestic Mechanics — 213 Alder St, Waterbury, CT 06708
- Ricoton's Auto — Waterbury, CT 06702
- Waterbury Mobile Truck Repair — 45 Benedict St, Waterbury, CT 06706
- Chris's Diag and Repair LLC — 38 Blake St, Waterbury, CT 06708
FAQs
What type of property is this?
Auto shop - Garage building with two bays in a downtown setting with easy highway access, sold as-is.
Where is this auto shop located?
The property is located at 34 Judd Street Waterbury, CT.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Garage building built in 1940 with 2 bays; Downtown location with easy access to highways; Building sold as‑is
