Prime Commercial Corner
For Sale
Contact for pricing
557 E Main St, Waterbury, CT 06702
0.63 acre corner lot suitable for various commercial uses.
Property SizeContact for details
Lot Size0.63 Acres
Days on Market2204
Property Features for 557 E Main St
General Information
Standard status
Active
Lot size
0.63 Acres
Property subtype
Land
Zoning
Commercial General (C.G.)
Listing Agency:
Ghent Realty Advisors
Listed By:
Robert Ghent JD CRS SFR · License #CT REB0790043
Source:
Crexi
Added: Aug 21, 2020
Changed: Aug 24
Last Checked: Sep 1 at 5:53AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
2,216
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.
