Multi-Use Building on Large Lot

88 Mulloy Rd, Waterbury, CT 06705

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For Sale

$595,000

Multi-use building with income potential and vehicle storage.

Type:Commercial

Property size:

3,800 SF

Lot size:

0.77 Acres

Price / SF:

$156/SF

HighLights

Existing used car dealership license.
High income producing property with $56,000 annual Net Operating Income.
Large 1.55 acre lot with .78 acre rear parcel ideal for vehicle storage.
Multi‑use 3800 SF building suitable for various businesses.
Located in CA zone in Waterbury's East End.
Close highway access.

We can help!

Contact an agent

Stephen Briotti

For Sale

$595,000

Multi-use building with income potential and vehicle storage.

Type:Commercial

Property size:

3,800 SF

Lot size:

0.77 Acres

Price / SF:

$156/SF

Added:: Mar 10, 2026
Days on Market:: 119
Last Refresh:: Jul 3 at 1:38 am

Property Features for 88 Mulloy Rd

General Information

Standard status: Active
Size: 3,800 SF
Lot size: 0.77 Acres
Property subtype: Commercial

Building Details

Year Built: 1985

We can help!

Contact an agent

Stephen Briotti

Listing office Weichert REALTORS Briotti Group

Listing date Mar 10, 2026

Source Elliman

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 Weichert REALTORS Briotti Group

HighLights

Existing used car dealership license.
High income producing property with $56,000 annual Net Operating Income.
Large 1.55 acre lot with .78 acre rear parcel ideal for vehicle storage.
Multi‑use 3800 SF building suitable for various businesses.
Located in CA zone in Waterbury's East End.
Close highway access.

Overview

This multi-use 3800 square foot building is situated on a 1.55 acre lot in a CA zone within Waterbury's East End. The property currently accommodates three businesses, all operating on month-to-month leases, generating approximately $56,000 in annual Net Operating Income. Additionally, there are two 400 square foot offices located on the upper level. The existing tenants have occupied the premises for several years. The property is suitable for a contractor requiring vehicle parking space and rental income. A used car dealership license is already in place. The acreage includes a .78 acre rear parcel suitable for vehicle storage. The location offers convenient highway access while maintaining privacy from residential areas.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$79.8k	$21.00
− Vacancy	−$14.4k	−$3.78
EGI	$65.4k	$17.22
− OpEx	−$16.4k	−$4.31
NOI	$49.1k	$12.92

3,800 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$701.1K

$613.5K – $818.0K (±1% cap)

NOI $49,077 @ 7.0% cap · market cap 8.25%

Second Best

Mixed Use

$659.6K

$577.1K – $769.5K (±1% cap)

NOI $46,170 @ 7.0% cap · market cap 7.76%

Theoretical Best

Office A

$1.01M

$882.4K – $1.18M (±1% cap)

NOI $70,589 @ 7.0% cap · market cap 11.86%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Nutmeg Auto Body Auto Repair Shop B&M Autocare Auto Repair Shop Don's Marine Center (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Waterbury
County: New Haven
State: Connecticut
Longitude: -72.9834
Latitude: 41.5448

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For sale
Mixed-use properties
CT
Waterbury
06705
88 Mulloy Rd

What type of property is this?

Mixed-use property - Multi-use building with income potential and vehicle storage.

Where is this mixed-use property located?

The property is located at 88 Mulloy Rd Waterbury, CT.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Existing used car dealership license.; High income producing property with $56,000 annual Net Operating Income.; Large 1.55 acre lot with .78 acre rear parcel ideal for vehicle storage.