1833 E Main St, Waterbury, CT 06705

3,228 SF 0.34 ac lot Built 1963

Entity Owned 6-yr Hold ~ Est. High Equity

Property ID

US15-0347495

$450,000 3,228 SF

1833 E Main St, Waterbury, CT 06705
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This exceptional investment opportunity presents a well-maintained 3,228 square foot automotive service garage situated on a 0.34-acre lot at 1833 E Main Street in Waterbury, Connecticut. The property enjoys a prime location in a highly desirable area of Waterbury, ensuring strong tenant demand and consistent rental income. The building features four convenient drive-in doors, making it ideal for efficient vehicle access and service operations. Currently, the property is under a triple-net lease, generating a monthly rental income of $3,500. The lease includes built-in rent increases over its term and a favorable 5-year option, providing long-term financial stability and predictable cash flow for the investor. This is a turnkey investment, requiring minimal management oversight. The property's excellent condition and strategic location make it an attractive proposition for discerning investors seeking a stable, high-yield commercial asset in a thriving Connecticut market. The asking price of $450,000 represents a compelling value for this established and income-producing property. Don't miss this chance to acquire a proven, profitable commercial investment in a prime Waterbury location.