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    Property profile & analytics

    1700 Watertown Ave Waterbury, CT 06708-1118

    • Turn key restaurants
    • 6,330 SF
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    $1,075,000
    Last Sale
    Jul 11, 2023
    $940,000
    Location Intelligence
    Property ID
    US15-0885870
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Easterseals of Greater Waterbury / Non-Profit Organization

    Property Details for 1700 Watertown Ave

    Year built
    1960
    Lot size
    1.80 lot acres
    Property size
    6,330 SF
    Zone code
    CA
    Property type
    Turn key restaurants
    APN
    WBRY M:0083 B:0863 L:0005
    APU
    WBRYM0083B0863L0005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $935,000
      6.5%
      $1,045,000
      7%
      $1,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $925,000
      Geo Method
      $1,050,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $960,000
      Mixed-Use
      $1,015,000
      Hospitality
      $1,100,000
      Educational
      $1,090,000
      Residential Income
      $860,000
      Energy
      $850,000
      Income-Based Land
      $885,000
      Food Service
      $920,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0773
    Latitude
    41.5861
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,655
    $203,210
    $233,310
    $436,520
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      1,900 SF

      161 Fairfield Ave

      RESTAURANT • 1,900 SF
      161 Fairfield Ave, Waterbury, CT 06708-4060
      View Details
    • Value Estimation by Request
      1,944 SF

      1250 Main St

      RESTAURANT • 1,944 SF
      1250 Main St, Waterbury, CT 06708-3107
      View Details
    • Value Estimation
      $260,000
      1,923 SF

      718 Highland Ave

      RESTAURANT • 1,923 SF
      718 Highland Ave, Waterbury, CT 06708-4134
      View Details
    • Value Estimation
      $340,000
      2,780 SF

      19 Lafayette St

      RESTAURANT • 2,780 SF
      19 Lafayette St, Waterbury, CT 06708-3801
      View Details
    • Value Estimation
      $390,000
      3,280 SF

      72 America St

      RESTAURANT • 3,280 SF
      72 America St, Waterbury, CT 06708-4144
      View Details
    • Value Estimation
      $390,000
      3,058 SF

      579 Watertown Ave

      RESTAURANT • 3,058 SF
      579 Watertown Ave, Waterbury, CT 06708-2200
      View Details

    Similar Nearby for Sale

    • $1,700,000
      2,132 SF

      Established Restaurant Opportunity For Sale

      Well-established restaurant with real estate and equipment for sale.
      572 Watertown Ave, Waterbury, CT 06708
      View Details
    • $469,900

      Mixed-Use Property in Waterbury

      Fully rented mixed-use property with residential and commercial spaces.
      318 Congress Ave, Waterbury, CT 06708
      View Details
    • $475,000
      2,704 SF

      Mixed-Use Retail & Apartment Building

      Mixed-use building with retail space and apartment in Waterbury.
      151 Highland Ave, Waterbury, CT 06708
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    • $1,200,000

      Well-Maintained Commercial Building For Sale

      6582 Sq Ft commercial building in high-traffic area.
      500 Bank St, Waterbury, CT 06708
      View Details
    • $1,100,000
      5,200 SF

      Waterbury Shopping Center - Prime Location

      High-Occupancy Retail/Office Center in CT
      485 Watertown Ave, Waterbury, CT 06708
      View Details
    • $6,995,000
      26,040 SF

      Retail Plaza Prime Location

      69,104 SF retail plaza with 26,040 SF available.
      425 Bank St, Waterbury, CT 06708
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    Similar Nearby for Lease

    • $10 SF/Yr
      42,500 SF

      Watertown Ave Retail/Industrial Space

      Prime 8,500 SF retail/industrial space available.
      1630 Watertown Ave, Waterbury, CT 06708
      View Details
    • $10 SF/Yr
      8,500 SF

      Retail Space in Steelbrook Plaza

      Retail space available in busy Steelbrook Plaza on Route 73.
      1630-1650 Watertown Ave, Waterbury, CT 06708
      View Details
    • $18 SF/Yr
      7,590 SF

      Waterbury Executive Office Space

      Modern Office, 2,516 sq ft Available
      146 Highland Ave, Waterbury, CT 06708
      View Details
    • $22 SF/Yr
      1,350 SF

      Retail Space in Waterbury Center

      Retail space available in a signature Waterbury shopping center.
      1249 W Main St, Waterbury, CT 06708
      View Details
    • $11 SF/Yr
      5,657 SF

      5,657 SF Retail Space Available

      Former adult day care/gymnasium space available for rent.
      515 Watertown Ave, Waterbury, CT 06708
      View Details
    • $16 SF/Yr
      1,400 SF

      Retail Space in High-Traffic Location

      Retail space available within a car wash and gas station complex.
      1405 E Main St, Waterbury, CT 06708
      View Details
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    Waterbury, CT 06708-1118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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