Turnkey 5-Unit Retail
For Lease
$1,200,000
500 Bank St, Waterbury, CT 06708
Turnkey 5-unit commercial plaza with fully leased space and 10 dedicated parking spaces in Waterbury.
Space SizeContact for details
Days on Market187
Property Features for 500 Bank St
General Information
Standard status
Active
Total Parking Spaces
10
Occupancy
100%
Financials
Cap Rate
8%
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$22,113
Building Details
Tenancy
Multi
Listing Agency:
Rosania Melo Broker
Listed By:
Rosania Melo · License #REB.0795867
(203) 545-1459
Source:
Exprealty
Added: Mar 1
Changed: Sep 3
Last Checked: Sep 4 at 12:00PM
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 Rosania Melo Broker
Investment Insights
Based on property information with market context.
Located at 500 Bank St in Waterbury, CT, this turnkey 5-unit commercial plaza offers 6,582 sq ft of well-maintained retail space. The building is 100% occupied with five fully leased units and established tenants in place, positioned to provide immediate, stable cash flow. The property is presented as an income-producing investment with an stated 8% cap rate.
The plaza is situated on busy Bank Street for strong visibility and consistent exposure to both foot and vehicle traffic. Tenants and visitors benefit from 10 dedicated parking spaces, and the property is surrounded by active local businesses, supporting an ongoing commercial presence in the area.
The plaza is situated on busy Bank Street for strong visibility and consistent exposure to both foot and vehicle traffic. Tenants and visitors benefit from 10 dedicated parking spaces, and the property is surrounded by active local businesses, supporting an ongoing commercial presence in the area.
Key Highlights
- Turnkey 5‑unit commercial plaza at 500 Bank Street in Waterbury, CT
- 6,582 sq ft commercial building with five fully leased, established tenant units
- 100% occupied with an 8% cap rate (as stated in the listing)
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,187
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 51%
Dining 26%
Shops & Services 13%
Hotels & Casinos 10%
The Home Depot
Home Improvements & Furnishings
48,819 visits/mo
0.1 miles
Dunkin' Donuts
Dining
23,411 visits/mo
0.4 miles
Courtyard by Marriott Waterbury Downtown
Hotels & Casinos
9,566 visits/mo
0.3 miles
Exxon
Shops & Services
7,840 visits/mo
0.1 miles
Webster Bank
Shops & Services
2,431 visits/mo
0.4 miles
Demographics for 06708, CT
30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Turnkey 5-unit commercial plaza with fully leased space and 10 dedicated parking spaces in Waterbury.
Where is this strip mall located?
The property is located at 500 Bank St Waterbury, CT.
What is the lease rate?
The lease rate is $1,200,000.
What are key features of this property?
This property features: Turnkey 5‑unit commercial plaza at 500 Bank Street in Waterbury, CT; 6,582 sq ft commercial building with five fully leased, established tenant units; 100% occupied with an 8% cap rate (as stated in the listing)
