19 Lafayette St Waterbury, CT 06708-3801
- Turn key restaurants
- 2,780 SF
- 0.24 lot acres
Jan 03, 2024
Current Use by Public Records
- Turn key restaurants
Property Details for 19 Lafayette St
- Year built
- 1962
- Lot size
- 0.24 lot acres
- Property size
- 2,780 SF
- Zone code
- IG
- Property type
- Turn key restaurants
- APN
- WBRY M:0391 B:0322 L:0013
- APU
- WBRYM0391B0322L0013
Description
This exceptional 2,780-square-foot commercial property, situated at 19 Lafayette Street in Waterbury, Connecticut, presents a unique investment opportunity. Built in 1962 and renovated in 19XX, this single-story building sits on a 0.24-acre lot with 189 feet of frontage on Lafayette Street and convenient access to Washington Street. Currently vacant, the space offers immense flexibility due to its IG Industrial General zoning. Previously utilized as a restaurant and event venue, the property boasts attractive features including ceramic tile floors, granite countertops, a walk-in cooler, and a sprinkler system. Some existing kitchen equipment remains. The building comprises two suites totaling 2,780 square feet, with a 2,400-square-foot finished basement featuring its own entrance. The asking rent is $6,500 per month ($5,500 for the main space and $1,000 for the basement). The property benefits from a single gas and electric service. Permitted uses are extensive and include, but are not limited to, food processing and sales, adult establishments, automobile and marine craft trades, business and trade schools, manufacturing and processing, industrial services, warehousing and freight handling, wholesale trade, e-commerce fulfillment and distribution, and wireless communication facilities. Special permits may allow for uses such as limited vehicle service facilities, eating and drinking establishments, entertainment, recreation, surface parking lots, hazardous industrial operations, vehicle service facilities, medical offices, office use, recreation uses, daycare, and large venue event facilities. Detailed zoning information is available through Waterbury Zoning Regulations. This property is located in the New Haven County submarket cluster of Waterbury, with the zip code 06708.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $340,000
- ML approach
- $340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $376,000
- AI Estimate
- $309,000
Market price range: $219k - $644kMarket price range: $222k - $458k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0425
- Latitude
- 41.5436
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA