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    255 Bank St Waterbury, CT 06702

    For Lease
    $19 SF/Yr

    Waterbury, CT Office Space Available

    Lot size:
    44,454 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This four-story, 44,454-square-foot Class A office building at 255 Bank Street in Waterbury, CT, offers executive office space in the Central Business District (CBD). Built in 1986, the free-standing building sits on a 0.62-acre lot and features 46 parking spaces (both underground and on-site), and elevators. Currently, 13,225 square feet of space is vacant, divisible into units as small as 11,115 square feet, with a maximum contiguous space of 11,115 square feet. One immediately available unit offers 3,871 square feet of beautifully built-out space, ideal for professionals such as attorneys or insurance agents, and is available October 2024. The building is zoned CBD. The asking rent is $19.00 per square foot gross, plus utilities.

    Property Features for 255 Bank St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,454 SF
    Total Rate
    70385.5

    Building Details

    Year Built
    1986
    Stories
    4

    Unit(s) available at that property

    Space
    Available Space 3B
    Size
    3,871 SF
    Rate per SF
    $19

    HighLights

    • Class A office building with 46 parking spaces (underground and on‑site).
    • Located in Waterbury, CT's Central Business District.
    • 3,871 square foot unit available October 2024.
    • Beautifully finished office space ideal for professionals.
    • Asking rent: $19.00 per square foot, gross, plus utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Renehan & Rossetti, LLP Legal Services DeFronzo & Petroskey, P.C. Personal Injury Attorney Pullman & Comley, LLC Law Firm Pliakas Stephen E Attorney Acrisure Waterbury, CT ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0415357
    Latitude
    41.5523386

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    FAQs

    What type of property is this?
    Office Property / Space - Waterbury, CT Office Space Available
    Where is this office property / space located?
    The property is located at 255 Bank St Waterbury, CT.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Class A office building with 46 parking spaces (underground and on-site).; Located in Waterbury, CT's Central Business District.; 3,871 square foot unit available October 2024.
    Request Owner's contact information
    255 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
    255 Bank St Waterbury, CT 06702
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