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Adjacent Mixed-Use Buildings
For Lease
$850,000

651 E Main St, Waterbury, CT 06702

Two fully occupied buildings combine ground-floor retail with residential units and separately metered, tenant-paid utilities.

Space SizeContact for details
Days on Market48

Property Features for 651 E Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,378
Listing Agency: Oxford Realty
Listed By: Amanda R. Faroni-Sheehan · License #REB.0793328CT
Source: Exprealty
Added: Jul 20 Changed: Aug 20 Last Checked: Sep 4 at 11:03AM

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 Oxford Realty

Investment Insights

Based on property information with market context.

Two adjacent, fully occupied mixed-use buildings offer a combined commercial and residential setup with tenant-paid utilities. 651 E Main St is a fully occupied 2-unit commercial building totaling 2,585 SF. 669 E Main St is a fully occupied mixed-use property totaling 7,371 SF, with 2 ground-floor commercial units and 4 residential apartments above.

At 651 E Main St, tenants pay all utilities with no owner’s meter. At 669 E Main St, utilities are separately metered and tenant-paid. The residential units are 3-bedroom, 1-bathroom configurations, and there is one parking space per apartment behind the building.

Both properties sit on highly visible East Main Street in Waterbury and benefit from convenient access to downtown Waterbury, Saint Mary’s Hospital, Hamilton Park, shopping and restaurants, public transportation, and major highways.

Key Highlights

  • Two adjacent fully occupied commercial buildings at 651 E Main St and 669 E Main St totaling 8 units on East Main Street in Waterbury
  • 651 E Main St: 2‑unit fully occupied commercial building totaling 2,585 SF with all utilities paid by tenants (no owner meter)
  • 669 E Main St: fully occupied mixed‑use property totaling 7,371 SF with 2 ground‑floor commercial units and 4 residential apartments

Property Analytics

Current Use

Davis Gift Record ... Religious Bookstore Davis Barber Shop Barber Shop THCThrills | Same-Day Cannabis ... (Bike/Boat/Book/etc) Store Popeyes LOUISIANA KITCHEN Restaurant

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service Florist Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,681
Businesses Nearby

Demographics for 06702, CT

3,882
Population
1,910
Households
2
Avg Household Size
45
Median Age
8%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
5,546
Density / Sq Mi
$16,198
Median Household Income
$15,833
Median Earnings
$720
Median Rent

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two fully occupied buildings combine ground-floor retail with residential units and separately metered, tenant-paid utilities.
Where is this quadplex located?
The property is located at 651 E Main St Waterbury, CT.
What is the lease rate?
The lease rate is $850,000.
What are key features of this property?
This property features: Two adjacent fully occupied commercial buildings at 651 E Main St and 669 E Main St totaling 8 units on East Main Street in Waterbury; 651 E Main St: 2‑unit fully occupied commercial building totaling 2,585 SF with all utilities paid by tenants (no owner meter); 669 E Main St: fully occupied mixed‑use property totaling 7,371 SF with 2 ground‑floor commercial units and 4 residential apartments
More about this property
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