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Property summary
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
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote central business district uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Waterbury market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD · Waterbury, CTThe intent of this zone is to promote central business 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 central business district uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Waterbury, CT.
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