17 Gilbert St Waterbury, CT 06702
This exceptional investment opportunity presents a well-established auto shop located at 17 & 23 Gilbert Street in Waterbury, Connecticut. The property boasts a substantial 2,786 square feet of space, perfectly suited for continued operation as an auto repair facility or potential redevelopment. Situated on a 0.19-acre lot, the building was constructed in 1930 and features a single story design. The property's zoning is designated as CBD (Central Business District), offering significant potential for various commercial uses. The asking price for this prime Waterbury location is $299,000. Given its established presence in a high-traffic area, this property represents a strong return on investment for a savvy buyer. The address is 17 & 23 Gilbert Street, Waterbury, CT 06702, within New Haven County. The property's convenient location and substantial square footage make it an attractive option for both established businesses and entrepreneurs seeking a foothold in a thriving Connecticut market. The single-story structure offers ease of access and functionality, while the CBD zoning opens doors to a variety of potential uses beyond its current configuration. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.