557 Main St Waterbury, CT 06702

Property Details for 557 Main St

Lot size

0.08 lot acres

Zone code

CG

Property type

Commercial land

APN

WBRY M:0296 B:0089 L:0021

APU

WBRYM0296B0089L0021

Description

This exceptional 0.63-acre commercial development site in Waterbury, Connecticut, is offered at $1,000,000. Located at 557 E Main St (APN 0296-0089-0021), this fee simple property boasts a prime location on a signaled intersection along the heavily trafficked East Main Street corridor, experiencing an average daily traffic count exceeding 19,000 vehicles. The Commercial General (C.G.) zoning permits a wide range of uses, including but not limited to: gas stations, convenience stores, quick-service restaurants (QSRs), short-term lodging, retail sales, mixed-use buildings, restaurants, personal and business services, entertainment venues, shopping centers, food processing and sales, recreational facilities, office spaces, medical offices, daycare centers, veterinary services, and drive-through facilities. Special permits may allow for residential uses (single-family, multi-family, group living), package stores, inpatient clinics, wholesale trade, vehicle services, and surface parking lots. The zoning regulations specify a minimum lot size of 6,000 square feet, a minimum lot frontage of 60 feet, a maximum impervious surface of 90%, and a minimum building coverage of 50%, with a maximum building height of either 5 stories or 60 feet, whichever is less. The property's proximity to the Central Business District, hospital, police station, fire station, and Brass Mill Center further enhances its desirability. Convenient highway access is also a key advantage. This is an unparalleled opportunity for developers seeking a high-visibility location with significant development potential.

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Longitude

-73.0311

Latitude

41.5543

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments