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    495 Union St Waterbury, CT 06706

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    For Lease
    Contact for pricing

    Waterbury, CT Retail Opportunity: 8 Spaces Available

    Lot size:
    986,379 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Brass Mill Center, located at 495 Union St, Waterbury, CT 06706, presents a unique retail and restaurant opportunity in New Haven County. This established center boasts a total of 986,379 square feet, offering multiple tenancy options with spaces ranging from a minimum of 5,104 square feet to a maximum contiguous space of 15,000 square feet. Currently, 63,896 square feet of retail space is available for lease, providing flexibility for various business needs. The property sits on a substantial 69.43-acre lot and includes ample parking with 4,829 spaces for customer convenience. Its prime location offers easy access to I-84, public transportation, and benefits from a vibrant pedestrian-friendly environment. Since its opening in 1997, Brass Mill Center has cultivated a strong reputation as a premier shopping destination, featuring a diverse mix of specialty stores, dining options, and entertainment, creating a unique and engaging experience for shoppers. This established center provides an excellent opportunity for businesses seeking high visibility and a strong customer base in a thriving community. The property's size and amenities make it ideal for a variety of retail concepts.

    Property Features for 495 Union St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    986,379 SF

    Unit(s) available at that property

    Space
    Unit # 2164
    Size
    6,983 SF
    Space
    Unit # 1150
    Size
    15,000 SF
    Space
    Unit # 1038
    Size
    8,552 SF
    Space
    Unit # 1050
    Size
    10,333 SF
    Space
    Unit # 1052
    Size
    5,308 SF
    Space
    Unit # 2060
    Size
    5,664 SF
    Space
    Unit # 1062
    Size
    5,104 SF
    Space
    Unit # 2056
    Size
    6,952 SF

    HighLights

    • 986,379 square feet retail and restaurant space available in Waterbury, CT.
    • 63,896 square feet of immediately leasable retail space.
    • Spaces range from 5,104 to 15,000 contiguous square feet.
    • Located on a 69.43‑acre lot with 4,829 parking spaces.
    • Excellent I‑84 access and public transportation.
    • Established center in a vibrant, pedestrian‑friendly area.
    Property Profile Location Intelligence

    Current Use by Public Records

    FYE Variety Store Brass Mill Center Shopping Mall F & J Sports ... Gift Shop Kay Jewelers Jewelry Store Gold Plus Jewelry Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0242586
    Latitude
    41.547986

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    FAQs

    What type of property is this?
    Restaurant - Waterbury, CT Retail Opportunity: 8 Spaces Available
    Where is this restaurant located?
    The property is located at 495 Union St Waterbury, CT.
    What are key features of this property?
    This property features: 986,379 square feet retail and restaurant space available in Waterbury, CT.; 63,896 square feet of immediately leasable retail space.; Spaces range from 5,104 to 15,000 contiguous square feet.
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    495 Union St Waterbury, CT 06706
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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
    495 Union St Waterbury, CT 06706
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