47 Leavenworth St Waterbury, CT 06702

Located in downtown Waterbury, this three-story office building offers 29,594 square feet of space. The property features a facade updated in 2014 and an attractive lobby showcasing classic Waterbury architectural details. It is equipped with a working elevator and a fire monitoring system with sprinklers. A significant feature is the expansive parking lot, accommodating approximately 90 cars, which provides convenience for tenants and visitors and offers potential for additional income or future monetization. Situated within the Central Business District / Economic Development zone, the property may be eligible for various incentives, subject to approvals. These incentives include redevelopment grants, potential tax relief programs, tenant improvement funding, and other federal, local, and state economic development support. The location provides excellent accessibility to Metro-North, the central bus terminal, and major highways. The surrounding area is experiencing ongoing public and private investment. The property is suitable for various uses, including office, medical, professional services, retail, or potential mixed-use/residential conversion. It presents a versatile asset with redevelopment potential, incentive upside, and long-term value for investors or owner-users.