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Property profile & analytics

19 Lafayette St Waterbury, CT 06708-3801

  • Turn key restaurants
  • 2,780 SF
  • 0.24 lot acres
OFF-MARKET
Last Sale
Jan 03, 2024
$340,000
Value Estimations
$350,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0233153
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

  • 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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $340,000
    ML approach
    $340,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $376,000
    Market price range: $219k - $644k
    AI Estimate
    $309,000
    Market 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

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
2024
$12,023
$66,920
$176,260
$243,180
-
$0.00
$0.00
$0.00
More about this property
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