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Mixed-Use Building with Elevator

68 Center St, Waterbury, CT 06702

For Lease
$850,000

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

Space SizeContact for details
Days on Market142

Property Features for 68 Center St

General Information

Standard status Active

Site & Location

Neighborhood Central Business District

Taxes and HOA fees

Annual Taxes $18,861
Listing Agency: Vanguard Private Client Grp
Listed By: Natalie Zoef · License CT RES.0817776
Source: Exprealty
Added: Jun 24 Changed: Nov 3 Last Checked: Nov 12 at 8:05AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in New Haven County

Jul
Aug
Sep
Oct

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
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