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Property profile & analytics
FOR SALE
Manufacturing properties

280 Chase River Rd Waterbury, CT 06704

64,648 SF 1.85 ac lot Built 1900
Individually Owned Free & Clear
Property ID
US15-0916624
Property summary
AI-generated overview

This 64,684-square-foot industrial warehouse, situated on 1.95 acres in Waterbury's IG-zoned submarket, offers a versatile space ideal for various uses. The single-tenant building, constructed in 1900, features four stories, one freight elevator, one loading dock, and two drive-ins. The first floor comprises 4,995 square feet of warehouse/manufacturing space with convenient access to the loading dock. A significant portion of the building (40,995 square feet) is currently vacant, presenting an excellent opportunity for expansion. The property boasts a 50-foot frontage on Chase River Rd, near Huntingdon. The building is equipped with a sprinkler system and benefits from its location within an Enterprise Zone, providing access to economic incentives. Permitted uses under the IG zoning include, but are not limited to, food processing, manufacturing, warehousing, and various trade services. Special permits may allow for additional uses, including vehicle service facilities and medical offices. This property offers a unique blend of historical character and modern functionality, making it an attractive investment opportunity in a thriving industrial area. Consult Waterbury Zoning Regulations for a complete list of permitted and special permit uses.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Total area 64,648 SF
Lot 1.85 ac (80,586 SF)
Zoning code IG
APN WBRY M:0074 B:0973 L:0001
UPID US15-0916624
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • EyeRecycle, LLC Recycling Center Waste Management Facility
  • Tonys Tires + wheels (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.12M
Owner & transaction history
CHASE RIVER ENTERPRISE
CHASE RIVER ENTERPRISE
Zoning & alternative use
IG · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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