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Vacant Elevator-Served Nursing Home
For Sale
$4,750,000

44 Abbott Terrace, Waterbury, CT 06702

Vacant institutional property with existing rooms, common areas, kitchen infrastructure, and full mechanical systems.

Property Size93,086 SF
Price / SF$51.03
Days on Market187

Property Features for 44 Abbott Terrace

General Information

Standard status Active
Size 93,086 SF
Elevators Yes
Property subtype General Commercial
Zoning CBD

Additional Details

Asking Price $4,750,000
Public Transit Yes

Amenities

3
CBD
80 Parking Spaces.

Building Details

Year Built 1986
Buildings 1
Listing Agency:
Listed By: Houlihan Lawrence
Source: Xome
Added: Feb 24 Changed: Aug 30 Last Checked: Aug 30 at 5:42AM

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 Houlihan Lawrence

Investment Insights

Based on property information with market context.

Built in 1986, this vacant nursing home comprises approximately 93,086 square feet in an institutional configuration. The elevator-served building includes numerous rooms, shared common areas, commercial kitchen infrastructure, and full mechanical systems. It was formerly operated as a skilled nursing facility, and the prior healthcare license is no longer active.

The property occupies 44 Abbott Terrace in Waterbury within a CBD-zoned area. On-site parking includes 80 spaces. A new roof was installed in 2019, adding a recent capital improvement to the existing building systems. The residential-style interior arrangement and substantial building infrastructure are identified as potential foundations for conversion to multifamily, affordable housing, assisted living, behavioral health, or other institutional uses.

Key Highlights

  • Approximately 93,086 SF institutional building
  • Former skilled nursing facility with residential‑style room layout
  • Elevator‑served property with common areas and commercial kitchen infrastructure

Property Analytics

Current Use

Abbott Terrace Health ... Nursing Home Betsy Larose Physician Caroline Welton Adult ... Social Service Agency Teresa Drako, MSN Physician Jegathesan Kanagaratna MD Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Veterinary Clinic Garden Center Pet Grooming Service Florist

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

2,655
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Deeper View Homemakers and Companion Services 228 Meadow St #402, Waterbury, CT 06702
  • Elton Residential Care Home 30 W Main St #1, Waterbury, CT 06702
  • Grace House 25 Abbott Terrace, Waterbury, CT 06702
  • Abbott Terrace Health Center 44 Abbott Terrace, Waterbury, CT 06702
  • Mattatuck Health Care Facility 9 Cliff St, Waterbury, CT 06710

Frequently Asked Questions

What type of property is this?
Nursing home - Vacant institutional property with existing rooms, common areas, kitchen infrastructure, and full mechanical systems.
Where is this nursing home located?
The property is located at 44 Abbott Terrace Waterbury, CT.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Approximately 93,086 SF institutional building; Former skilled nursing facility with residential‑style room layout; Elevator‑served property with common areas and commercial kitchen infrastructure
More about this property
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