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Auto Repair Shop with Four Bays
For Sale
$159,000

742 Lakewood Road, Waterbury, CT 06704

Business opportunity with four lift-equipped bays on Lakewood Road, offered subject to a new landlord lease.

Property SizeContact for details
Days on Market55

Property Features for 742 Lakewood Road

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes
Service Bays 4

Building Details

Year Built 1995
Listing Agency: Century 21 Classic Homes
Listed By: Gary Pruitt · License #RES.0783857
Source: Lockandkeyre
Added: Jun 30 Changed: Aug 23 Last Checked: Aug 23 at 8:52AM

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 Century 21 Classic Homes

Investment Insights

Based on property information with market context.

This auto repair business is offered for sale with a shop configuration built around four service bays, each with a lift for vehicle maintenance and repairs. The offering is specifically for the business only, tied to the operating setup already in place at the property.

The shop is located on busy Lakewood Road in Waterbury, Connecticut. Please note that the seller advises that the site should not be visited and employees should not be contacted. Additional information is available through the listing agent, and the business sale is subject to a new lease with the landlord.

For a qualified operator, this can be a practical fit when looking to take over an established automotive service operation with four-bay, lift-equipped workflow. Because the sale is business-only and contingent on a new lease agreement, interested buyers should plan to coordinate lease terms directly with the landlord through the agent. The asset is best suited for an experienced repair operator ready to assume day-to-day operations under the upcoming landlord lease structure.

Key Highlights

  • Auto repair business for sale on busy Lakewood Road in Waterbury, CT
  • Includes four lift‑equipped bays
  • Business only sale is subject to a new lease with the landlord

Property Analytics

Current Use

The Brake & General Repair ... Auto Repair Shop K O's Auto ... Car Wash

Suggested Use

Top Pick Law Firm Real Estate Agency Computer & Electronic Repair Accounting Firm (Bike/Boat/Book/etc) Store Garden Center

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
Service bays
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby
227k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Shops & Services 25% Groceries 20% Apparel 17%
Stop & Shop Groceries
45,091 visits/mo 0.4 miles
T.J. Maxx Apparel
33,157 visits/mo 0.3 miles
McDonald's Dining
26,857 visits/mo 0.5 miles
Wendy's Dining
20,019 visits/mo 0.5 miles
Ocean State Job Lot Shops & Services
11,947 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Meineke Car Care Center 760 Wolcott St, Waterbury, CT 06705
  • Monro Auto Service And Tire Centers 1040 Wolcott St, Waterbury, CT 06705
  • Walmart Auto Care Centers 910 Wolcott St, Waterbury, CT 06705
  • Firestone Complete Auto Care 809 Wolcott St, Waterbury, CT 06705
  • Fleet Pump & Services Group 244 Transit St, Waterbury, CT 06704, United States

Frequently Asked Questions

What type of property is this?
Auto shop - Business opportunity with four lift-equipped bays on Lakewood Road, offered subject to a new landlord lease.
Where is this auto shop located?
The property is located at 742 Lakewood Road Waterbury, CT.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Auto repair business for sale on busy Lakewood Road in Waterbury, CT; Includes four lift‑equipped bays; Business only sale is subject to a new lease with the landlord
More about this property
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