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    207 Bank St Waterbury, CT 06702

    Sponsored
    For Sale
    $390,000

    Prime CT location, restaurant/office space.

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 207 Bank Street in Waterbury, Connecticut, presents a unique investment opportunity. Located in the heart of the city's Central Business District (CBD), this versatile space offers a flexible layout suitable for a variety of uses. The building, constructed in 1910, boasts a total square footage ranging from 1,000 to 7,800 square feet, providing ample room for expansion or customization. Currently zoned for CBD use, the property is ideally situated within walking distance of numerous restaurants, banks, and public services, ensuring high visibility and convenient access for both employees and clients. The asking price for this prime commercial real estate is $390,000. This property is part of the Buckingham Square Office Suites and offers a blend of historical charm and modern functionality, making it an attractive option for businesses seeking a prominent location in a thriving Connecticut city. The property's central location within the CBD ensures easy access to transportation and a wide range of amenities. This is a rare opportunity to acquire a well-positioned commercial property in a desirable area of Waterbury, Connecticut. The flexible space allows for a variety of business configurations, making it an ideal investment for both established businesses and new ventures.

    Property Features for 207 Bank St

    General Information

    Property type
    Restaurants
    Square Feet
    1,000 SF

    Building Details

    Year Built
    1910

    HighLights

    • Buckingham Square Office Suites
    • Office suites ranging from 1,000 to 7,800 square feet
    • Walking distance to restaurants, banks, and public services
    • Asking price: $390,000
    Property Profile Location Intelligence

    Current Use by Public Records

    The Law Offices of Paul ... Personal Injury Attorney Kernan & Henry Attorney Mc Donald John ... Attorney DAVID J. SCULLY Attorney Commercial Lending Waterbury ... Mortgage Lender

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0413542
    Latitude
    41.5528965

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    FAQs

    What type of property is this?
    Restaurant - Prime CT location, restaurant/office space.
    Where is this restaurant located?
    The property is located at 207 Bank St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Buckingham Square Office Suites; Office suites ranging from 1,000 to 7,800 square feet; Walking distance to restaurants, banks, and public services
    Request Owner's contact information
    207 Bank St Waterbury, CT 06702
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    Waterbury, CT 06702
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    Realmo Value Estimation

    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.

    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.

    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
    207 Bank St Waterbury, CT 06702
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