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    Hardware Store with Repair Shop Title is generated by Realmo AI

    440-464 Chase Ave, Waterbury, CT

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    Retail hardware store and repair shop for sale.

    Type:RETAIL
    Property size:
    10,470 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $143/SF
    Added:
    Nov 19, 2025
    Days on Market:
    205
    Last Refresh:
    May 20 at 9:26 pm

    Property Features for 440-464 Chase Ave

    General Information

    Standard status
    Active
    Size
    10,470 SF
    Lot size
    2.00 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Brian Godin
    Brian Godin

    Listing agent Brian Godin

    Listing office Godin Property Brokers

    Listing date Nov 19, 2025

    Source Moodyscre

    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 Godin Property Brokers

    HighLights

    • Established Iconic Hardware Store with High Annual Gross Sales ($4,000,000+)
    • Two Retail Buildings Totaling 10,470 +/- S/F
    • 7,920 +/- S/F Retail Hardware & Garden Center
    • Includes a 2,550 +/- S/F Repair Shop
    • Hardware & Garden Center
    • Turnkey Business Opportunity

    Overview

    This property features two retail buildings, including a 7,920 square foot retail hardware and garden center, and a 2,550 square foot repair shop. The property is a local iconic True Value hardware store with annual gross sales exceeding $4,000,000. The total property size is 10,470 square feet.

    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 $138.2k $13.20
    − Vacancy −$11.7k −$1.12
    EGI $126.5k $12.08
    − OpEx −$37.9k −$3.62
    NOI $88.5k $8.45
    10,470 SF · lease $13.20/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.26M
    $1.11M – $1.48M (±1% cap)
    NOI $88,520 @ 7.0% cap · market cap 5.90%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.78M
    $2.43M – $3.24M (±1% cap)
    NOI $194,491 @ 7.0% cap · market cap 12.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0378
    Latitude
    41.5833

    FAQs

    What type of property is this?
    Retail space - Retail hardware store and repair shop for sale.
    Where is this retail space located?
    The property is located at 440-464 Chase Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Established Iconic Hardware Store with High Annual Gross Sales ($4,000,000+); Two Retail Buildings Totaling 10,470 +/- S/F; 7,920 +/- S/F Retail Hardware & Garden Center
    (203) 577-2277 Call to check price and availability
    More about this property
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