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Lakefront Event and Restaurant Development
For Sale
$750,000
Pending

355 Lakewood Road, Waterbury, CT 06704

Unfinished restaurant-style building plus a covered pavilion with restrooms and kitchen, set up for immediate outdoor events.

Property Size4,304 SF
Days on Market54

Property Features for 355 Lakewood Road

General Information

Standard status Pending
Size 4,304 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,935

Amenities

Asphalt Shingle Roof
Concrete Flooring
Gas on Gas Heating

Building Details

Year Built 2017
Listing Agency: Clermont Real Estate
Listed By: IMTINAN ALZAIDI
Source: Corcoran
Added: Jun 30 Changed: Aug 14 Last Checked: Aug 14 at 7:09AM

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 Clermont Real Estate

Investment Insights

Based on property information with market context.

This property presents a distinctive development opportunity built around an unfinished main structure originally planned for food and event service. The layout is designed to accommodate restaurant, bar, banquet, wedding, and special-event uses, with numerous building components already in place. Interior features include heated flooring, and the unfinished condition allows the next owner to complete and customize the space to match a specific operating concept.

Set on nearly seven acres with lake views, the site includes a covered outdoor event pavilion equipped with restrooms and a kitchen already in place. That pavilion supports outdoor gatherings and celebrations while the balance of the property is completed, helping enable a staged approach to bringing the venue online.

For a buyer seeking a flexible hospitality and events platform, the combination of an event-ready outdoor pavilion and an unfinished indoor venue provides a clear path to tailoring the final buildout. The existing infrastructure elements and heated flooring offer practical building blocks for an operator or developer looking to create a waterfront-oriented dining and private event facility.

Key Highlights

  • Year built 2017 unfinished restaurant‑style main building on nearly seven acres with lake views
  • Heated flooring and numerous building components already in place for continued development
  • Covered outdoor event pavilion with restrooms and a kitchen already in place

Property Analytics

Current Use

Spring Grove Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby

Demographics for 06704, CT

27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Unfinished restaurant-style building plus a covered pavilion with restrooms and kitchen, set up for immediate outdoor events.
Where is this wedding venue located?
The property is located at 355 Lakewood Road Waterbury, CT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Year built 2017 unfinished restaurant‑style main building on nearly seven acres with lake views; Heated flooring and numerous building components already in place for continued development; Covered outdoor event pavilion with restrooms and a kitchen already in place
More about this property
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