2523 Main St Waterbury, CT 06705-2836
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.
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Sun Hing Restaurant Restaurant
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Jalal international Halal market Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CA · Waterbury, CTWaterbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.