Ground-Floor Office/Retail
For Lease
$1,000/Mo
49 Hill Street #1, Waterbury, CT 06704
Ground-floor suite in a multifamily building, fully renovated in 2022, with a 1/2 bath and hot water baseboard heat.
Space SizeContact for details
Property Size700 SF
Days on Market65
Property Features for 49 Hill Street #1
General Information
Standard status
Active
Size
700 SF
Property subtype
Commercial
Additional Details
Traffic Count
4,300 vehicles/day
Amenities
Baseboard Heating
Built Up Roof
Composition Roof
Level Lot
Tile Flooring
Building Details
Year Built
2022
Year Renovated
2022
Listing Agency:
Ghent Realty Advisors
(203) 597-1077
Listed By:
ROBERT GHENT · License #REB.0790043
Source:
Corcoran
Added: Jun 5
Changed: Aug 8
Last Checked: Jun 13 at 4:04AM
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 office/retail suite offers approximately 700 square feet of space within a multifamily building. The space was fully renovated in 2022 and includes a 1/2 bath and hot water baseboard heating. The layout is well-suited for a variety of day-to-day business uses, and the finish level is turnkey following the recent renovation.
The property is positioned for storefront-style access on the ground floor. Reported ADTV is approximately 4,300, which can support businesses that benefit from visibility and consistent neighborhood traffic. Prospective tenants should confirm with the zoning office regarding which specific uses are permitted for this location.
Because permitted uses may vary, it’s important to validate your intended concept before planning buildout. That said, the combination of renovated interior condition, ground-floor placement, and existing mechanical heat can help prospective tenants reduce early setup time. If you’re considering an office or light retail operation that can operate within the zoning parameters, this suite is a practical option to review.
The property is positioned for storefront-style access on the ground floor. Reported ADTV is approximately 4,300, which can support businesses that benefit from visibility and consistent neighborhood traffic. Prospective tenants should confirm with the zoning office regarding which specific uses are permitted for this location.
Because permitted uses may vary, it’s important to validate your intended concept before planning buildout. That said, the combination of renovated interior condition, ground-floor placement, and existing mechanical heat can help prospective tenants reduce early setup time. If you’re considering an office or light retail operation that can operate within the zoning parameters, this suite is a practical option to review.
Key Highlights
- 700 SF ground‑floor office/retail suite in a multifamily building
- Full renovation completed in 2022
- Includes a 1/2 bath
Property Analytics
Property Profile
Current Use
Lease Details
4,300 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Waterbury, CT
$14.57 /SF/Yr
Avg Asking Price
$0.96–$32.27 /SF/Yr
Price Range
2,491 SF
Avg Space Size
This space is priced 18% above the average of $14.57 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Ground-floor suite in a multifamily building, fully renovated in 2022, with a 1/2 bath and hot water baseboard heat.
Where is this office units located?
The property is located at 49 Hill Street #1 Waterbury, CT.
What is the lease rate?
The lease rate is $1,000/Mo.
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 a 1/2 bath
