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Eight-Unit Mixed-Use Portfolio
For Sale
$850,000

651 East Main Street, Waterbury, CT 06702

Two adjacent buildings combine commercial storefronts with residential apartments and separately metered, tenant-paid utilities.

Property Size9,956 SF
Price / SF$85.38
Days on Market9

Property Features for 651 East Main Street

General Information

Standard status Active
Size 9,956 SF
Property subtype Commercial
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 3BR/1BA
Multifamily Units 4
Parking per Unit 1

Building Details

Year Built 1924
Buildings 2
Tenancy Multi
Listing Agency: Oxford Realty
Listed By: Amanda Faroni-Sheehan
Source: Lockandkeyre
Added: Aug 3 Changed: Aug 11 Last Checked: Aug 11 at 6:45AM

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.

This mixed-use portfolio consists of two adjacent buildings totaling 9,956 SF and eight occupied units. The property includes six commercial units and four residential apartments, with the residential component arranged as spacious 3-bedroom, 1-bath apartments. Constructed in 1924, the buildings offer a combination of storefront and multifamily space suited to an income-producing mixed-use configuration.

The 651 East Main Street building contains two commercial units totaling 2,585 SF. At 669 East Main Street, two commercial units occupy the ground floor, with four apartments above in a 7,371 SF building. Utilities are separately metered and paid by tenants throughout, and each apartment has one rear parking space. The property is located on East Main Street near downtown Waterbury, Saint Mary's Hospital, Hamilton Park, shopping, restaurants, public transportation, and major highways.

Key Highlights

  • Two adjacent buildings totaling 9,956 SF with eight occupied units
  • 669 East Main Street includes 2 commercial units and 4 residential apartments
  • 651 East Main Street contains 2 commercial units totaling 2,585 SF

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,717
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjacent buildings combine commercial storefronts with residential apartments and separately metered, tenant-paid utilities.
Where is this mixed-use property located?
The property is located at 651 East Main Street Waterbury, CT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two adjacent buildings totaling 9,956 SF with eight occupied units; 669 East Main Street includes 2 commercial units and 4 residential apartments; 651 East Main Street contains 2 commercial units totaling 2,585 SF
More about this property
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