Contact for pricing 3,871 SF available

255 Bank St, Waterbury, CT 06702
View Listing

A commercial property in Waterbury, Connecticut located on Bank Street, offering retail and office space. The building includes leasable spaces sized approximately from 1,710 to 3,446 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$105k

Tax billed · 2023

Assessed value$1.93M

Assessed land$220k

Assessed improvement$1.72M

Effective rate5.42%

Value estimate

· Oct 2026

$4.08M

$3.67M – $4.49M

Submarket $/SF estimate$3.78M

NOI build-up

Gross scheduled income$81k

Vacancy & credit loss−$15k

Operating expenses−$17k

NOI · 250,596.49% cap applied$50k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$81/SF

Submarket average, outlier-cleaned · 30 recorded sales of this use type

Observed band · Q1–Q3$42 – $125

Cap rate analysis

How does the asset earn?

250,596.49%

$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

CBD

The intent of this zone is to promote central business district uses

General categoryCOMMERCIAL

JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?

Best fit: Laundry Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Laundry Service10.9

Laundromat9.4

Shoe Repair8.8

255 Bank St Waterbury, CT 06702

County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby

Address Sale price Sold Size

83 Prospect, Waterbury, CT 06702-1326 $625,000 Sep 2024 19,032 SF

59 Fld, Waterbury, CT 06702 $305,000 Aug 2024 13,716 SF

280 Main, Waterbury, CT 06702-1102 $250,000 Feb 2023 7,568 SF

95 Main, Waterbury, CT 06702-1409 $310,000 Sep 2022 18,630 SF

132 Grand, Waterbury, CT 06702-1909 $300,000 Jul 2022 15,984 SF

35 Leavenworth, Waterbury, CT 06702 $180,000 Apr 2019 15,012 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$2,700,000

62,490 SF

232 Elm St

OFFICE BUILDING

232 Elm St, Waterbury, CT 06702-1516

View Details
Value Estimation
$7,475,000

71,000 SF

249 Thomaston Ave

OFFICE BUILDING

249 Thomaston Ave, Waterbury, CT 06702-1036

View Details
Value Estimation
$1,105,000

23,604 SF

197 Grand St

OFFICE BUILDING

197 Grand St, Waterbury, CT 06702

View Details
Value Estimation
$680,000

21,884 SF

79 Linden St

OFFICE BUILDING

79 Linden St, Waterbury, CT 06702-1302

View Details
Value Estimation
$625,000

19,032 SF

83 Prospect St

OFFICE BUILDING

83 Prospect St, Waterbury, CT 06702-1326

View Details
Value Estimation
$4,005,000

114,000 SF

114 Bank St

OFFICE BUILDING

114 Bank St, Waterbury, CT 06702

View Details

Similar in This City for Sale

Contact for pricing
6,663 SF

Waterbury Office Space For Sale

6,663 SF office space available for purchase.

60 Westwood Ave, Suite 100, Waterbury, CT 06708

View Details
New

$375,000

5,392 SF

Mixed-Use Property with Office Space

Separate furnaces and electrical services accompany the building’s current office occupancy.

144 Buckingham Street, Waterbury, CT 06710

View Details
Contact for pricing
4,000 SF

Office Building with Basement Office

Commercial property with updated building systems and additional lower-level office space.

675 N Main St, Waterbury, CT 06704

View Details
Contact for pricing
3,637 SF

Waterbury Office Building For Sale

Office building with 3,637 square feet available for sale.

207 Bank St, Waterbury, CT 06702

View Details
$299,900

Historic Victorian Office Building

Downtown office building with historic details and private parking.

59 Central Ave, Waterbury, CT 06702

View Details

Similar in This City for Lease

$4,250/Mo

8,312 sqft

Retail Space with Kitchen Area

Prepared commercial unit with finished interiors, an existing kitchen area, and dedicated off-street parking.

451 Meadow St, Waterbury, CT 06702

View Details
Contact for pricing

Office Space Available For Lease

Office space for lease at 207 Bank St, Waterbury.

207 Bank St, Waterbury, CT 06702

View Details
$3,000/Mo

3,120 sqft

Character-Rich Office Suite

Second-floor commercial space with multiple rooms, a private restroom, kitchenette, and built-in shelving.

440 Meadow St Unit 2, Waterbury, CT 06702

View Details
New

Contact for pricing
1,118 sqft

Raw Office Suite for Customization

Raw office space totaling 1,118 +/- SF, currently used as storage and available to customize.

2-48 Cottage Pl, Waterbury, CT 06702

View Details
Contact for pricing
750 sqft

Professional Office Space with Private Parking

Professional or medical office space with new flooring and fresh paint, plus air conditioning and access to a private parking lot.

228 Meadow St, Waterbury, CT 06702

View Details
New

$3,000/Mo

Second-Floor Office Unit with Wet Bar

Multi-room suite includes a private restroom, kitchenette, shelving, and distinctive interior finishes.

2-440 Meadow Street, Waterbury, CT 06702

View Details

Try Rey

Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

255 Bank St Waterbury, CT 06702

Property summary