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    1068 Main St Waterbury, CT 06708

    For Sale
    $599,000

    Prime Waterbury Office Building, 10,000 SF

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional executive office building, located at 1068 West Main Street in Waterbury, Connecticut, presents a unique investment opportunity. The property boasts a total of 10,000 square feet, spread across two stories, on a 0.56-acre lot. Built in 1915, the building is zoned RO and offers 3,000 square feet of net rentable space, ideal for a variety of professional uses. Its prominent location on busy West Main Street ensures high visibility and accessibility for clients and employees. Ample parking is available, a significant advantage in a bustling urban setting. The asking price for this well-situated property is $599,000. The building's history and substantial square footage provide a solid foundation for a thriving business, while its prime location offers unparalleled exposure and convenience. This is an excellent opportunity to acquire a substantial commercial property in a desirable Connecticut location. The property's size and zoning offer flexibility for various business models, making it an attractive investment for both established companies and new ventures. The combination of historical charm and modern functionality makes this a truly unique offering.

    Property Features for 1068 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,000 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1915
    Stories
    2

    HighLights

    • Westgrand Professional Suites offer all‑inclusive office space.
    • Move‑in ready offices available from $550/month.
    • Ample parking is available.
    • High‑traffic location on West Main Street provides excellent visibility.
    • The property is also available for purchase at $599,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chieffo Agency Insurance Agency John M Glover ... Insurance Agency Brandon J. Broderick, ... Personal Injury Attorney Dr. Chris Burton, ... Doctor Spring Life Church ... Christian Church

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
    -73.0606118
    Latitude
    41.5567416

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    FAQs

    What type of property is this?
    Office Property Space - Prime Waterbury Office Building, 10,000 SF
    Where is this office property space located?
    The property is located at 1068 Main St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Westgrand Professional Suites offer all-inclusive office space.; Move-in ready offices available from $550/month.; Ample parking is available.
    (203) 577-2277
    Request Owner's contact information
    1068 Main St Waterbury, CT 06708
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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
    1068 Main St Waterbury, CT 06708
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