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Waterbury Retail Space Available
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650 Wolcott St, Waterbury, CT 06705

Retail space for lease in Waterbury, Connecticut.

Space Size9,017 SF
Property Size41,562 SF
Lot Size16.63 Acres
Days on Market662

Property Features for 650 Wolcott St

General Information

Standard status Active
Size 9,017 SF
Lot size 16.63 Acres
Property subtype Retail, Restaurant
Lease Type Net

Building Details

Building Size 41,562 SF
Tenancy Multiple

Spaces For Lease

at 650 Wolcott St Contact us

Suite 10

Size
9,017 SF
Type
Restaurant, Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Matthews Commercial Properties LLC
Listed By: Gerry Matthews · License #CT REB.0754503
Source: Crexi
Added: Nov 8, 2024 Changed: Aug 24 Last Checked: Aug 31 at 7:39AM

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.

Mattatuck Plaza is situated on 16.63 acres in Waterbury, Connecticut, approximately one mile north of Brass Mill Center. The location provides convenient access to I-84 and Route 8, facilitating connections to Hartford, Danbury, and Bridgeport. The available space includes 9,417 and 9,512 square feet, formerly a restaurant with a stage and kitchen. The ceiling height measures 14 feet under the drop ceiling and 17 feet under the bar joists. The roof is made of rubber, and the interior construction is finished. The exterior construction is block. Parking is excellent. The zoning is commercial. Utilities include electricity and gas from Eversource, city sewer, and city water. The air conditioning is central, and the heating system is gas. The lease rate is $9.95 per square foot, plus nets estimated at $7.32 per square foot.

Key Highlights

  • Convenient location near I‑84 and Rt. 8, providing easy access to major Connecticut cities.
  • Substantial space available: 9,417 and 9,512 SF.
  • Suitable for restaurant use: Former restaurant space with stage and kitchen.

Property Analytics

Current Use

Popeyes Louisiana Kitchen Restaurant Lamann Fitness LLC. Gym & Fitness Center A Better Me Fitness Gym & Fitness Center ROMERO'S BOXING Gym & Fitness Center Precision Wash & Dry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm HVAC Service Storage Facility Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 26% Home Improvements & Furnishings 9% Apparel 7%
Dollar Tree Shops & Services
22,298 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
17,006 visits/mo 0.1 miles
Harbor Freight Tools Home Improvements & Furnishings
8,435 visits/mo 0.0 miles
TD Bank Shops & Services
8,061 visits/mo 0.5 miles
Aroma Joe's Dining
7,770 visits/mo 0.2 miles

Demographics for 06705, CT

27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
Median Home Value

Market

Lease Benchmarks for Waterbury, CT

$13.19 /SF/Yr
Avg Asking Price
$6.14–$18.4 /SF/Yr
Price Range
3,744 SF
Avg Space Size

This space is priced 25% below the average of $13.19 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in Waterbury, Connecticut.
Where is this retail space located?
The property is located at 650 Wolcott St Waterbury, CT.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Convenient location near I‑84 and Rt. 8, providing easy access to major Connecticut cities.; Substantial space available: 9,417 and 9,512 SF.; Suitable for restaurant use: **Former restaurant space with stage and kitchen.**
(203) 753-5800 Call to check price and availability
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