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Financial
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Property profile

17 Gilbert St Waterbury, CT 06702

OFF-MARKET
Retail properties & Spaces
Property ID
US15-0382026
2,786 SF 0.19 ac lot Built 1930
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1930
Total area 2,786 SF
Lot 0.19 ac (8,276 SF)
UPID US15-0382026

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17 Gilbert St Waterbury, CT 06702
Waterbury metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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