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Downtown Waterbury Updated Office Space
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83 Bank St, Waterbury, CT 06702

Professional office space for lease in downtown Waterbury.

Space Size3,436 SF
Days on Market2662

Property Features for 83 Bank St

General Information

Standard status Active
Size 3,436 SF
Property subtype Office
Lease Type Gross

Building Details

Year Built 1955
Tenancy Multiple

Spaces For Lease

at 83 Bank St Contact us

3rd Floor East

Size
3,436 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Matthews Commercial Properties LLC
Listed By: Noah D. Matthews- Broker · License #CT REB.0792777
Source: Crexi
Added: May 8, 2019 Changed: Aug 8 Last Checked: Aug 19 at 7:41AM

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 Matthews Commercial Properties LLC

Investment Insights

Based on property information with market context.

This commercial real estate offers an opportunity to lease professional office space in downtown Waterbury. The property features 3,436 square feet of modern office space. The unit has been recently updated with fresh paint and new carpeting. The layout includes 10 private offices, a conference room, and a reception area. Some new furniture is available if desired. The location provides immediate access to I-84 and is close to the Court House. The lease rate is $7.50 per square foot gross plus utilities, equating to $2,147.50 per month plus utilities. The landlord pays for water and sewer.

Key Highlights

  • Great Downtown Location: Ideal for professionals seeking a central business address.
  • Immediate Access to I‑84: Convenient for commuting and client access.
  • 3,436 SF +/- Modern Office Space: Spacious and updated for a professional image.

Property Analytics

Current Use

Yamin Joseph P Law Firm Yamin & Grant LLC Law Firm Waterbury Regional Chamber Business Service Center Waterbury Development Corporation Charitable Organization Naugatuck Chamber Business Service Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Florist Travel Agency Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,717
Businesses Nearby

Demographics for 06702, CT

3,882
Population
1,910
Households
2
Avg Household Size
45
Median Age
8%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
5,546
Density / Sq Mi
$16,198
Median Household Income
$15,833
Median Earnings
$720
Median Rent

Market

Lease Benchmarks for Waterbury, CT

$17.25 /SF/Yr
Avg Asking Price
$9.78–$66.67 /SF/Yr
Price Range
2,000 SF
Avg Space Size

This space is priced 57% below the average of $17.25 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space for lease in downtown Waterbury.
Where is this office units located?
The property is located at 83 Bank St Waterbury, CT.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: Great Downtown Location: Ideal for professionals seeking a central business address.; Immediate Access to I‑84: Convenient for commuting and client access.; 3,436 SF +/- Modern Office Space: Spacious and updated for a professional image.
(203) 753-5800 Call to check price and availability
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