18 Brown St Waterbury, CT 06702
For Sale
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This exceptional 5,751 square foot commercial property, situated on a 0.18-acre lot at 18 Brown Street in Waterbury, CT, presents a unique investment opportunity in the city's Central Business District. The building offers a versatile layout ideal for a variety of uses. The upper unit is currently set up as office space, boasting a reception area, administrative offices, three to four additional private offices, and a bathroom. Recent improvements include the installation of a convenient ramp for accessibility. The lower unit provides a large, open space perfect for customization. This area could be easily divided to accommodate multiple tenants or expanded uses. It features its own separate outside access and a loading dock, making it particularly suitable for businesses requiring storage or delivery capabilities. Both units benefit from separate utility meters, offering efficient cost management. The property also includes off-street parking, a valuable asset in a bustling downtown location. This property's prime location and flexible space make it an excellent choice for contractors, retailers, or office users seeking a prominent Waterbury address. The asking price is $300,000. Don't miss this chance to acquire a versatile and well-located commercial property in a thriving urban center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · 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.