138 Cherry St, Waterbury, CT 06702-1635
This exceptional retail opportunity is located at 138 Cherry Street in Waterbury, Connecticut, 06702. The property, a single-story Class D building constructed in 1906, offers a total of 2,000 square feet of retail space, currently entirely vacant and available for lease. Multiple tenants are welcome, with spaces divisible to a minimum of 750 square feet and a maximum contiguous space of 1,250 square feet. The property sits on a 0.07-acre lot and is zoned RM. Parking is available on the street. This location presents a unique chance to establish or expand a business in a vibrant Waterbury neighborhood. The building's character reflects its historical charm, offering a unique aesthetic for prospective tenants. The flexible space allows for customization to suit various retail needs. Given its size and location, this property is ideal for a variety of retail businesses seeking a prominent presence in Waterbury. Interested parties should inquire promptly to secure this exceptional opportunity. The property's address is easily accessible and benefits from high visibility. The available space is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RM · Waterbury, CTWaterbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.