Property profile

26 North Main St Waterbury, CT 06702

FOR SALE
Turn key restaurants
Property ID
US15-0479366
7,510 SF 0.06 ac lot Built 1900
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional three-story commercial building, located at 26 N Main Street in the heart of downtown Waterbury, CT, presents a unique investment opportunity. Spanning over 7,500 square feet on a 0.06-acre lot, this property boasts a rich history as a highly successful restaurant and bar. The building's interior features exquisite craftsmanship, including hand-crafted mahogany cabinetry and custom woodwork throughout the first and second floors, which also showcase beautiful hardwood flooring. A fully equipped commercial kitchen, valued at over $100,000, remains in place, along with bar setups on two floors. The expansive layout offers incredible versatility. Continue the restaurant/bar concept, or completely reinvent the space to suit your business vision. The basement provides ample storage, including a walk-in freezer. The third floor offers additional space for expansion and includes a private office area with a full bathroom, ideal for administrative functions. The building's prominent location across from Waterbury Green ensures high visibility and significant foot and vehicle traffic. With Waterbury experiencing rapid growth, this property offers a compelling chance to establish or relocate your business in a thriving area, all at a reduced price. City incentives may also be available.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 7,510 SF
Lot 0.06 ac (2,614 SF)
Zoning code CBD
APN WBRY M:0274 B:0014 L:0048
UPID US15-0479366

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

26 North Main St Waterbury, CT 06702
Waterbury metro Census 350101 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2025
Last sale
$360,000
4 recorded transactions
2025
$360,000
2011
$1
1992
Price N/A
1988
$690,000

Zoning & alternative use

CBD · Waterbury, CT
Zoning description

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

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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