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    207 Bank St Waterbury, CT 06702

    Sponsored
    For Sale
    $269,000

    3,637 SF Office, $269,000 Asking

    Property size:
    3,637 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office space, located at 207 Bank Street, Unit 5, in Waterbury, Connecticut's vibrant Central Business District (CBD), presents a unique investment opportunity. The 3,637 square foot space is situated in a four-story building constructed in 1910 and offers a classic yet functional layout. The interior boasts seven individual offices, a dedicated conference room, and a welcoming reception area, perfectly suited for a variety of professional users. The property is offered at an asking price of $269,000. The lease structure is a Net, Net, Net (NNN) agreement, with a base rent of $12.00 per square foot, plus additional charges for net operating expenses and parking. The property's zoning designation is CBD, allowing for a wide range of commercial uses. This is an excellent opportunity to acquire a well-located, established office space in a thriving Connecticut city. The building's history adds character and charm, while the modern interior provides a functional and efficient workspace. Don't miss this chance to own a piece of Waterbury's commercial landscape. The property is conveniently located in the 06702 zip code, within New Haven County.

    Property Features for 207 Bank St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,637 SF

    Building Details

    Year Built
    1910
    Stories
    4

    HighLights

    • $269,000 asking price.
    • 3,637 square foot office space.
    • Seven offices, conference room, and reception area.
    • Ideal for all professional users.
    • NNN lease at $12.00 per square foot plus NNN charges and parking.
    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?
    Office Property / Space - 3,637 SF Office, $269,000 Asking
    Where is this office property / space located?
    The property is located at 207 Bank St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: $269,000 asking price.; 3,637 square foot office space.; Seven offices, conference room, and reception area.
    (203) 577-2277
    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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