Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building in Downtown Naugatuck Title is generated by Realmo AI

    9 Church Street, Naugatuck, CT 06770

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,000

    Mixed-use building with restaurant and residential/office space in downtown.

    Type:Commercial/Industrial
    Property size:
    7,320 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $68/SF
    Added:
    Mar 12, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 6 at 4:01 am

    Property Features for 9 Church Street

    General Information

    Standard status
    Active
    Size
    7,320 SF
    Lot size
    0.18 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1890

    We can help!

    Listing Contact
    Jill Sloane

    Listing agent Jill Sloane License #REB.0791029

    Listing office Brown Harris Stevens

    Listing date Mar 12, 2026

    Source Exitrealty

    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 Brown Harris Stevens

    HighLights

    • Mixed‑use building in downtown Naugatuck.
    • Income‑producing restaurant ("La Casita" Mexican restaurant) on the 1st floor.
    • Residential/office space potential on the 2nd and 3rd floors.
    • Eight parking spots included.
    • Large windows and open views on the 2nd floor.
    • Located in the up‑and‑coming area of Naugatuck.

    Overview

    This mixed-use building is located in downtown Naugatuck and features the "La Casita" Mexican restaurant on the first floor. The second and third floors can be used as residential or office space, or as a loft live/work space. The second floor has extra-large windows and open views over Naugatuck. The property offers income from the restaurant while the upper floors are being renovated. There are 8 parking spots in the back for residential or office use. The building has a total size of 7,320 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    La Casita Mexican ... Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Naugatuck
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0559
    Latitude
    41.4875

    Nearby Similar for Sale

    • $759,000
      5,191 SF

      Naugatuck Multifamily Investment Opportunity

      Three contiguous buildings in Naugatuck, Connecticut, with value-add potential.
      363-367 High Street, Naugatuck, CT 06770
      View Details
    • $599,000
      3,960 SF

      Mixed-Use Property in Naugatuck

      Established business with multiple income streams in a prime location.
      671 Rubber Avenue, Naugatuck, CT 06770
      View Details
    • $599,000
      2,640 SF

      Mixed-Use Property in Naugatuck

      Mixed-use property with retail and residential income in prime location.
      671 Rubber Avenue, Naugatuck, CT 06770
      View Details
    • $475,000
      2,364 SF

      Naugatuck Multi-Family with Garage

      Well-maintained multi-family property with strong income potential and oversized garage.
      83-85 Ward Street, Naugatuck, CT 06770
      View Details
    • $395,000
      2,705 SF

      Multi-Family with Renovation Potential

      Multi-family property with renovation potential near downtown Naugatuck.
      83 Meadow Street, Naugatuck, CT 06770
      View Details
    • $474,900
      1,890 SF

      Two Homes, One Lot

      Rare opportunity: two homes on one lot in Naugatuck.
      14 Washington Street, Naugatuck, CT 06770
      View Details
    • $390,000
      3,080 SF

      Naugatuck Two-Family Investment Opportunity

      Two-family property in Naugatuck with income and value-add potential.
      231 N Main Street, Naugatuck, CT 06770
      View Details
    • $600,000
      3,240 SF

      Downtown Naugatuck Commercial Building

      3,240 sq ft commercial building in revitalized downtown Naugatuck.
      24 Cherry St, Naugatuck, CT 06770
      View Details
    • $600,000
      3,240 SF

      Downtown Naugatuck Commercial Building

      3,240 sq ft commercial building in revitalized downtown Naugatuck.
      24 Cherry Street, Naugatuck, CT 06770
      View Details
    • $395,000

      Multi-Family/Commercial Property in Naugatuck

      Value-add opportunity near downtown, shopping, and commuter routes.
      83 Meadow Street, Naugatuck, CT 06770
      View Details
    • $800,000
      5,974 SF

      Prime Commercial Space in Naugatuck

      Spacious commercial property in a high-traffic Naugatuck business district.
      159 Church Street, Naugatuck, CT 06770
      View Details
    • $425,000
      572 SF

      Naugatuck Ranch with Multi-Use Zoning

      4-acre ranch in Naugatuck, CT, with special zoning designation.
      848 New Haven Road, Naugatuck, CT 06770
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with restaurant and residential/office space in downtown.
    Where is this mixed-use property located?
    The property is located at 9 Church Street Naugatuck, CT.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Mixed‑use building in downtown Naugatuck.; Income‑producing restaurant ("La Casita" Mexican restaurant) on the 1st floor.; Residential/office space potential on the 2nd and 3rd floors.
    (203) 655-1418
    We can help!
    Listing Contact
    Jill Sloane
    Real Estate License ID: REB.0791029
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9 Church Street, Naugatuck, CT 06770
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!