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Ground-Floor Office/Retail Space
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49 Hill Street Unit 1, Waterbury, CT 06704

Renovated 700 SF ground-floor suite with a half bath and hot water baseboard heat, suited to mixed-use office or retail concepts.

Property Size700 SF
Price / SF$1.43
Days on Market65

Property Features for 49 Hill Street Unit 1

General Information

Standard status Active
Size 700 SF
Property subtype Commercial

Additional Details

Traffic Count 4,300 vehicles/day

Building Details

Year Built 2022
Year Renovated 2022
Listing Agency: Ghent Realty Advisors
Listed By: Robert Ghent · License #REB.0790043
Source: Lockandkeyre
Added: Jun 5 Changed: Aug 8 Last Checked: Jun 10 at 2:36AM

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 Ghent Realty Advisors

Investment Insights

Based on property information with market context.

This ground-floor suite offers approximately 700 square feet of office and/or retail space within a multifamily building. The space was fully renovated in 2022 and includes a half bath for tenant convenience. Heating is provided by hot water baseboard units. Electrical service is noted at 4,300 ADTV. Prospective buyers and tenants should confirm with the zoning office regarding which uses are permitted.

The property is located at 49 Hill Street, Unit 1, Waterbury, CT 06704. As part of a multifamily building, the suite benefits from ground-floor placement, which can be practical for a customer-facing use or day-to-day business operations.

With its recent renovation and straightforward layout, the space may fit businesses seeking a compact ground-floor location for office or retail-style activities. The half bath and baseboard heating support day-to-day functionality, while the zoning verification step will be important to determine allowable operations.

Key Highlights

  • 700 SF ground‑floor office/retail suite in a multifamily building
  • Full renovation completed in 2022
  • Includes 1/2 bath

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Catering Service Electrical 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.

Lease Details

4,300 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,581
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated 700 SF ground-floor suite with a half bath and hot water baseboard heat, suited to mixed-use office or retail concepts.
Where is this office units located?
The property is located at 49 Hill Street Unit 1 Waterbury, CT.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 700 SF ground‑floor office/retail suite in a multifamily building; Full renovation completed in 2022; Includes 1/2 bath
More about this property
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