Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Investment properties

    138 Cherry St, Waterbury, CT 06702-1635

    7,068 SF 0.07 ac lot Built 1906
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US15-0185515
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1906
    Total area 7,068 SF
    Lot 0.07 ac (3,049 SF)
    Zoning code RM
    APN WBRY M:0275 B:0169 L:0132
    UPID US15-0185515
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $550k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $513k
    Blend (final) Blend
    $550k
    Owner & transaction history
    Cherry Realty Ny LLC · 1 yrs held
    Cherry Realty Ny LLC
    since 2024
    Last sale
    $550,000
    7 recorded transactions
    2024
    2023
    $550,000
    2021
    2021
    $800,000
    2010
    $65,000
    2010
    $56,000
    2008
    $1
    Zoning & alternative use
    RM · Waterbury, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $695,000 +82.6%
    Auto repair, garage $640,000 +67.9%
    Office building $575,000 +50.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 138 Cherry St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message