Property summary
This exceptional 4,040 square foot commercial building, situated on a 0.74-acre lot at 1127 W Main Street in Waterbury, CT, presents a remarkable investment opportunity. The property boasts a versatile layout, ideally suited for a variety of professional uses. The main level, encompassing 2020 square feet, was previously occupied by a dental clinic and remains fully equipped for similar medical or professional practices. Its adaptable design makes it equally suitable for a rehabilitation center or law office. The lower level offers an additional 2000 square feet, currently divided into two distinct spaces. One 1000 square foot area served as a chiropractic office, readily convertible for other medical or therapeutic uses. The remaining 1000 square feet functioned as an accounting/bookkeeping office, adaptable to various office-based businesses. Given the high demand in this area, with office space rents ranging from $20 to $25 per square foot, this property offers significant rental income potential. The asking price of $799,900 represents a compelling investment opportunity for a discerning buyer seeking a strong return on investment in a desirable Waterbury location. The property's size, layout, and prime location combine to create a truly exceptional commercial offering.
Property profile
VerifiedCap rate & NOI
Current use
-
Alternative Medicine Practice
-
Alternative Medicine Practice
-
Marketing & Advertising
-
Law Firm
-
Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote residential office district uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RO · Waterbury, CTThe intent of this zone is to promote residential office district uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this zone is to promote residential office district uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RO in Waterbury, CT.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight