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    2457 Main St Waterbury, CT 06705

    For Sale
    $5,900,000

    Prime Retail Center - Vacant, 8.47 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Sunbeam Plaza, located at 2457 East Main Street in Waterbury, Connecticut, presents a compelling investment opportunity. This 8.47-acre shopping center is currently vacant, offering a blank canvas for a new owner to develop and lease to their ideal tenants. The property is zoned CA, providing flexibility for a variety of retail uses. The asking price for this exceptional property is $5,900,000. Situated in New Haven County, Connecticut, with a zip code of 06705, this location offers excellent visibility and accessibility. The property's substantial lot size provides ample space for expansion or redevelopment, catering to a wide range of retail concepts. The modified lease type offers flexibility for future tenants. This is a rare opportunity to acquire a significant retail property in a desirable Connecticut location. The property's size and zoning make it suitable for a variety of retail developments, presenting a strong potential for significant return on investment. Serious inquiries are encouraged to explore the possibilities of this prime retail center. The property is ready for immediate development, offering a unique chance to shape the future of retail in Waterbury.

    Property Features for 2457 Main St

    General Information

    Property type
    Lifestyle centers
    Lot Size
    368,953 SF

    HighLights

    • 8.47‑acre site.
    • Commercially zoned (CA).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fatima Botemague's African ... Hair Salon Jay Makes Holes Body Piercing Shop George Robert M ... Dentist Quest Diagnostics Waterbury ... Diagnostic Center Estra Gilbert L ... Doctor

    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
    -73.0008508
    Latitude
    41.5429392

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Center - Vacant, 8.47 Acres
    Where is this lifestyle center located?
    The property is located at 2457 Main St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: 8.47-acre site.; Commercially zoned (CA).;
    Request Owner's contact information
    2457 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
    2457 Main St Waterbury, CT 06705
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