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Freestanding Mixed-Use Building
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521 Chase Ave, Waterbury, CT 06704

Freestanding building with mixed residential and commercial space, updated electric and windows, and off-street parking.

Property Size1,040 SF
Days on Market120

Property Features for 521 Chase Ave

General Information

Standard status Active
Size 1,040 SF
Property subtype Mixed Use, Office, Retail, Special Purpose

Site & Location

Traffic Count 22,900 vehicles/day
Highway Access Yes

Amenities

New Electric Panels & Breakers
New Energy Efficient Windows & Front Door
New Water Line to Building
Hardwood Flooring
Gas Kitchen Stove & Gas Heater in Main Room
Washer & Dryer Hook-Up in a Dry 715 SF +/- Basement
Listing Agency: Matthews Commercial Properties LLC
Listed By: Noah D. Matthews- Broker · License #CT REB.0792777
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:53AM

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 Matthews Commercial Properties LLC

Investment Insights

Based on property information with market context.

521 Chase Ave. is a freestanding mixed-use residential and commercial building offered for sale. The property includes approximately 1,040 SF of space and features new electric panels and breakers, new energy-efficient windows, and a new front door. Interior finishes include hardwood flooring, along with a gas kitchen stove and a gas heater in the main room. A washer and dryer hook-up is available in a dry 715 SF (+/-) basement.

The building has strong access and visibility along Chase Ave., which is reported to carry a high average daily traffic count of 22,900 vehicles. Off-street parking wraps around the building, and there is a 4’ x 5’ sign on site. The property is described as conveniently accessible to I-84 and Rt-8.

Additional exterior improvements include a new water line to the building. This layout supports a combined live-and-work style configuration within one property.

Key Highlights

  • 1,040 SF +/- mixed‑use freestanding building with residential and commercial space
  • High average daily traffic on Chase Ave. (22,900 vehicles) with strong visibility and access
  • Plenty of off‑street parking wraps around the building, plus 4’ x 5’ sign on the property

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency HVAC Service Electrical Service Bakery

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

22,900 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

517
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?
Mixed-use property - Freestanding building with mixed residential and commercial space, updated electric and windows, and off-street parking.
Where is this mixed-use property located?
The property is located at 521 Chase Ave Waterbury, CT.
What are key features of this property?
This property features: 1,040 SF +/- mixed‑use freestanding building with residential and commercial space; High average daily traffic on Chase Ave. (22,900 vehicles) with strong visibility and access; Plenty of off‑street parking wraps around the building, plus 4’ x 5’ sign on the property
(203) 753-5800 Call to check price and availability
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