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Prime Commercial Corner Lot

557 E Main St Waterbury, CT 06702

557 E Main St, Waterbury, CT, 06702
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0.63 acre corner lot suitable for various commercial uses.

Lot Size0.63 Acres
AddedAug 21, 2020
Days on Market2156
Last RefreshJul 15 at 3:22 pm

Property Features for 557 E Main St

General Information

Standard status
Active
Lot size
0.63 Acres
Property subtype
Land

Listing office Ghent Realty Advisors

Listing date Aug 21, 2020

Source Crexi

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 Ghent Realty Advisors


Investment Insights

Based on property information with market context.

This 0.63-acre corner lot is situated in a Commercial General Zone (C.G.) at a signaled intersection along East Main Street corridor. The average daily traffic count exceeds 19,000. The site's location offers convenient highway access and proximity to the Central Business District, hospital, police station, fire station, and Brass Mill Center. The Commercial General Zone District allows for residential and mixed-use structures up to 5 stories or 60 feet, with a residential unit density of 24 dwelling units per acre. Permitted uses include short-term lodging, retail sales, mixed-use buildings, eating and drinking establishments, personal, business, and repair services, entertainment, shopping centers, food processing and sales, recreation and social gathering, commercial outdoor recreation, office uses, medical offices, community and day care services, veterinary services, and drive-through services. Special permit uses include single, two, three, or multi-family dwellings; group living; package stores; inpatient clinics; wholesale trade; limited vehicle service; and surface parking lots. The minimum lot size in the zone is 6,000 square feet, with a minimum lot frontage of 60 feet. The impervious surface is 90.0%, with a minimum building coverage of 50.0%. The maximum building height is the lesser of 5 stories or 60.0 feet. This location is suitable for a gas station, convenience store, or quick-service restaurant.

Key Highlights

  • High Traffic Location: Corner lot on East Main Street with 19,000+ Average Daily Traffic.
  • Versatile Zoning: Commercial General (C.G.) zone allows for a wide range of uses including retail, QSR, mixed‑use, and residential development up to 5 stories.
  • Development Potential: 0.63‑acre site with potential for mixed‑use development, residential units (24 units per acre), or other commercial ventures.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Big Box & Wholesale Store Building Supply Storage Facility Garden Center Dental Office Hotel & Motel HVAC Service Skin Care Clinic Electrical Service

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

FAQs

What type of property is this?
Commercial land - 0.63 acre corner lot suitable for various commercial uses.
Where is this commercial land located?
The property is located at 557 E Main St Waterbury, CT.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High Traffic Location: Corner lot on East Main Street with 19,000+ Average Daily Traffic.; Versatile Zoning: Commercial General (C.G.) zone allows for a wide range of uses including retail, QSR, mixed‑use, and residential development up to 5 stories.; Development Potential: 0.63‑acre site with potential for mixed‑use development, residential units (24 units per acre), or other commercial ventures.
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