651 E Main St Waterbury, CT 06702

Building Details

Year Built

1924

Listing office Oxford Realty a***@oxfordrealtyco.com Show Phone

Listing date May 21, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This exceptional investment opportunity features two adjacent commercial buildings totaling 8 units on East Main Street in Waterbury. The fully occupied portfolio offers strong in-place cash flow with a mix of commercial and residential tenants. Utilities are separate and tenant-paid. 651 E Main Street is a fully occupied 2-unit commercial building totaling 2,585 square feet. Tenants pay all utilities. 669 E Main Street is a fully occupied mixed-use property totaling 7,371 square feet, with 2 ground floor commercial units and 4 residential apartments above. All residential units feature a 3-bed, 1-bath unit mix. Utilities are separately metered and tenant paid. There is one parking space per apartment behind the building. Positioned along a heavily traveled street, the properties benefit from proximity to downtown Waterbury, Saint Mary's Hospital, Hamilton Park, shopping, restaurants, public transportation, and major highways. This is an ideal opportunity for investors seeking stable mixed-use assets with strong occupancy and long-term upside potential. The location has a walk score of 65, a transit score of 44, and a bike score of 31.

Key Highlights

• Fully occupied portfolio of two adjacent commercial buildings (8 units total) generating strong in‑place cash flow.
• Desirable mix of commercial and residential tenants provides diversification and stability.
• Separate, tenant‑paid utilities throughout both buildings minimize landlord expenses and streamline management.

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FAQs

What type of property is this?

Mixed-use property - Two fully occupied buildings with commercial and residential units.

Where is this mixed-use property located?

The property is located at 651 E Main St Waterbury, CT.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: Fully occupied portfolio of two adjacent commercial buildings (8 units total) generating strong in‑place cash flow.; Desirable mix of commercial and residential tenants provides diversification and stability.; Separate, tenant‑paid utilities throughout both buildings minimize landlord expenses and streamline management.