Listing Agency: CENTURY 21 Shutters & Sails l***@shuttersandsails.com Show Phone

Listed By: Eileen Godburn Show Phone

Source: Exprealty

Added: Aug 31 Changed: Oct 19 Last Checked: Oct 23 at 1:27PM

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Investment Insights

Based on property information with market context.

This mixed-use building at 734 E Main St includes four apartments positioned above two commercial spaces. One storefront remains leased following restaurant use, while the second commercial space is vacant. Two apartments are leased and two are currently vacant, creating a combination of occupied and available residential and commercial space within the same property.

Key Highlights

• Four apartments above two commercial spaces
• One commercial storefront is leased
• Second commercial storefront is vacant

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

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

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

Explore this area Business Placement

Demographics for 06704, CT

27,300

Population

12,987

Households

2.1

Avg Household Size

34

Median Age

14%

College-Educated

78%

High-School Grad

8.1 sq mi

ZIP Area

3,370

Density / Sq Mi

$47,848

Median Household Income

$33,090

Median Earnings

$1,202

Median Rent

$178,500

Median Home Value

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?

Mixed-use property - Four apartments sit above two commercial storefronts, including one leased restaurant space and one vacant unit.

Where is this mixed-use property located?

The property is located at 734 E Main St Waterbury, CT.

What is the lease rate?

The lease rate is $890,000.

What are key features of this property?

This property features: Four apartments above two commercial spaces; One commercial storefront is leased; Second commercial storefront is vacant