Property summary
This exceptional investment opportunity presents a 3,400 square foot commercial building situated on a 0.3-acre lot at 2523 E Main Street in Waterbury, Connecticut. The property boasts a prime location in a high-traffic area, surrounded by established businesses, ensuring consistent foot traffic and visibility. Currently, the building houses two successful, established businesses: a deli and a takeout restaurant, generating immediate passive income for the new owner. The simple maintenance requirements of this property further enhance its appeal as a low-effort, high-return investment. The building's size and layout offer flexibility for potential future expansion or adaptation to suit evolving market demands. Its convenient location offers easy access to Interstate 84, less than half a mile away, providing excellent connectivity for both customers and employees. This property represents a rare chance to acquire a stable, income-producing asset in a thriving commercial district, making it an ideal investment for those seeking a reliable and straightforward income stream. The asking price of $650,000 reflects the property's strong potential for long-term growth and profitability. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote arterial commercial district uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CA · Waterbury, CTThe intent of this zone is to promote arterial commercial district uses
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of this zone is to promote arterial commercial district uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CA in Waterbury, CT.
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