Hardware Store with Repair
440-464 Chase Ave Waterbury, CT
440-464 Chase Ave, Waterbury, CT, 00000
Contact for pricing
For Sale
Contact for pricing
Retail hardware store and repair shop for sale.
Property Size10,470 SF
Lot Size2.00 Acres
Price / SF$143.27
Days on Market244
Property Features for 440-464 Chase Ave
General Information
- Standard status
- Active
- Size
- 10,470 SF
- Lot size
- 2.00 Acres
- Property subtype
- RETAIL
Listing agency
Godin Property Brokers
(203) 577-2277
Listed by
Brian Godin
Source
Moodyscre
Added: Nov 19, 2025 Updated: Jul 10 at 11:57AM Checked: Jul 21 at 5:55AM
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
Investment Insights
Based on property information with market context.
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.
Key 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
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
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
NOI $194,491 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
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
