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    650 Wolcott St Waterbury, CT 06705

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Waterbury retail space, multiple suites available.

    Lot size:
    41,562 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional retail opportunity awaits at Mattatuck Plaza, a 41,562 square foot commercial property situated on a generous 16.63-acre lot in Waterbury, Connecticut. This multi-tenant building currently offers 41,562 square feet of vacant space, divisible into units ranging from 9,512 square feet to a maximum contiguous space of 32,050 square feet. Two suites are available, with one former restaurant space featuring a 14-foot ceiling height (17 feet under bar joists). The property boasts excellent parking and is ideally located at 650 Wolcott St, Waterbury, CT 06705, approximately one mile north of Brass Mill Center. Its strategic location provides easy access to major Connecticut cities via I-84 and Route 8. The building features a finished block exterior and rubber interior construction. Utilities include Eversource electric and gas, city sewer, and city water. Central air conditioning and gas heat are installed. The lease rate is $9.95 per square foot, plus estimated net operating expenses of $7.32 per square foot. The property is zoned commercial. This presents a unique chance to establish a thriving business in a high-traffic area with excellent visibility and accessibility.

    Property Features for 650 Wolcott St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,562 SF
    Total Rate
    34461.83

    Unit(s) available at that property

    Space
    Suite 10
    Size
    32,050 SF
    Rate per SF
    $9
    Space
    Suite 90
    Size
    9,512 SF
    Rate per SF
    $9

    HighLights

    • High‑Demand Retail Space Available.
    • 24,228 SF or 9,417 SF Divisible Spaces (32,056 SF total possible).
    • 9,512 SF Former Chuck E. Cheese Space.
    • Existing Kitchen Plumbing and Hood Venting.
    • Ideal for Restaurant, Bar, or Church Use.
    • Competitive Rent: $9.95 PSF, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Chicken Restaurant Lamann Fitness LLC. Personal Trainer A Better Me Fitness Gym ROMERO'S BOXING Boxing Gym Precision Wash & Dry Laundromat

    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
    -73.0104735
    Latitude
    41.5585577

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    FAQs

    What type of property is this?
    Restaurant - Prime Waterbury retail space, multiple suites available.
    Where is this restaurant located?
    The property is located at 650 Wolcott St Waterbury, CT.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: High-Demand Retail Space Available.; 24,228 SF or 9,417 SF Divisible Spaces (32,056 SF total possible).; 9,512 SF Former Chuck E. Cheese Space.
    Request Owner's contact information
    650 Wolcott 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
    650 Wolcott St Waterbury, CT 06705
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