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    3584 Main St Waterbury, CT 06705

    For Sale
    $2,800,000

    Prime 3.73-acre retail site in Waterbury, CT.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.73-acre commercial land parcel presents a remarkable development opportunity in a high-traffic location. Situated at a signalized intersection in Waterbury, Connecticut, this property boasts excellent visibility and accessibility, with an impressive 11,500 vehicles passing the traffic light daily. The CA zoning permits a variety of uses, making it ideal for a restaurant with a drive-thru, a retail center, or other commercial ventures. Its strategic location at the entrance to major retailers like Costco, Restaurant Depot, and Kohl's ensures high foot traffic and brand synergy. The property offers convenient access to I-84 at Exit 25, providing easy east and westbound connectivity. This prime location is further enhanced by the proximity of Ion Bank and Trinity Health Urgent Care, creating a vibrant and thriving commercial environment. The asking price for this exceptional development opportunity is $2,800,000. Don't miss this chance to secure a highly visible and strategically located commercial property in a rapidly growing area. The property is located at 3584 East Main Street, Waterbury, CT 06705, in New Haven County.

    Property Features for 3584 Main St

    General Information

    Property type
    Land
    Lot Size
    162,479 SF

    HighLights

    • Prime retail development opportunity in high‑traffic Waterbury location.
    • 3.73‑acre parcel at a signalized intersection.
    • High visibility with 11,500 vehicles daily.
    • CA zoning allows restaurant (with drive‑thru) or retail development.
    • Easy I‑84 access (Exit 25).
    • Excellent co‑tenancy with Costco, Kohl's, Restaurant Depot, Ion Bank, and Trinity Health Urgent Care.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Raad Marc N ... Doctor Rosegarden Health & Rehab ... Nursing Home

    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
    -72.9679688
    Latitude
    41.5421818

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    FAQs

    What type of property is this?
    Land - Prime 3.73-acre retail site in Waterbury, CT.
    Where is this land located?
    The property is located at 3584 Main St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Prime retail development opportunity in high-traffic Waterbury location.; 3.73-acre parcel at a signalized intersection.; High visibility with 11,500 vehicles daily.
    Request Owner's contact information
    3584 Main St Waterbury, CT 06705
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    Waterbury, CT 06705
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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
    3584 Main St Waterbury, CT 06705
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