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Mixed-Use Building with Elevator
For Lease
$850,000

68 Center St, Waterbury, CT 06702

Ground-floor commercial space is occupied by two tenants with leases in place.

Space SizeContact for details
Days on Market46

Property Features for 68 Center St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $19,575
Listing Agency: Vanguard Private Client Grp
Listed By: Natalie Zoef · License #RES.0817776
Source: Exprealty
Added: Jun 24 Changed: Aug 4 Last Checked: Aug 7 at 10:08AM

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 Vanguard Private Client Grp

Investment Insights

Based on property information with market context.

This mixed-use building at 68 Center St includes commercial occupancy on the ground floor and three vacant upper floors. Two commercial tenants occupy the lower level under leases, while the upper floors are identified for conversion to residential apartments, creating a configuration that combines existing occupancy with a potential redevelopment component.

Building improvements include a welcoming vestibule entrance, a fully operable and serviced elevator serving all levels, and a recently installed EPDM roof. The property is being offered in its current condition, with the existing commercial space and vacant upper floors providing the defining elements of the asset.

Key Highlights

  • Two commercial tenants occupy the ground floor with leases in place
  • Upper three floors are vacant and identified for residential apartment conversion
  • Fully operable and serviced elevator provides access to all levels

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service

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

2,703
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is occupied by two tenants with leases in place.
Where is this mixed-use property located?
The property is located at 68 Center 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 commercial tenants occupy the ground floor with leases in place; Upper three floors are vacant and identified for residential apartment conversion; Fully operable and serviced elevator provides access to all levels
More about this property
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