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Property profile & analytics
OFF-MARKET Estimated value $1,350,000
Office buildings

24 Wooster Ave Waterbury, CT 06708-2970

11,114 SF 1.37 ac lot Built 1924
Individually Owned 30-yr Hold Free & Clear
Property ID
US15-0616360
Property summary
AI-generated overview

This exceptional coworking space at 24 Wooster Avenue in Waterbury, Connecticut offers a unique opportunity for businesses seeking flexible and modern office solutions. Located in a 14,940 square foot building constructed in 1924, this property boasts a total of 75 parking spaces, providing ample convenience for employees and clients. The space is currently zoned CN and sits on a generous 1.37-acre lot in New Haven County. The building features attractive 10-foot ceilings, creating a bright and airy atmosphere. Multiple tenancy options are available, with a minimum divisible space of 2,800 square feet and a maximum contiguous space of 3,100 square feet. Currently, 5,950 square feet of space is immediately available. This presents an ideal opportunity for a single tenant seeking a substantial space or multiple tenants looking for smaller, flexible work areas. The property's location in Waterbury, Connecticut, offers easy access to major transportation routes and local amenities. This is a rare chance to secure a well-located, versatile coworking space in a thriving Connecticut market. The property's size and ample parking make it an attractive option for businesses of all sizes. The building's character and modern amenities combine to create a productive and comfortable work environment. Don't miss this chance to establish your business in this desirable location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1924
Total area 11,114 SF
Lot 1.37 ac (59,677 SF)
Zoning code CO
APN WBRY M:0384 B:0664 L:0060
UPID US15-0616360
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marrakech Inc Charitable Organization Social Service Agency
  • The Hire Source Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.35M
Owner & transaction history
Sowamco Xix Ltd · 30 yrs held
Sowamco Xix Ltd
since 1995
1 recorded transaction
1995
$850,526
Zoning & alternative use
CO · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.6M +79.5%
Apartment house (5+ units) $1.1M +21.1%
Auto repair, garage $1.0M +11.4%
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