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Property profile & analytics
OFF-MARKET
Manufacturing properties
289 Congress Ave Waterbury, CT 06708-3782
Individually Owned
25-yr Hold
Free & Clear
Property ID
US15-0929664
Property summary
AI-generated overview
This 4,815 square foot light industrial building, located at 289 Congress Ave in Waterbury, CT, presents a unique investment opportunity. Built in 1925, the two-story structure features a main level of approximately 2,795 square feet and a lower level of approximately 2,020 square feet. Currently configured as an auto repair shop, the property's versatile layout is suitable for a wide range of uses. Key features include two drive-in doors, 8-foot ceilings, and 3-phase power. The entire 4,815 square feet is currently vacant and available for lease or purchase. The minimum divisible space is 2,795 square feet, with a maximum contiguous space of 2,020 square feet. The property sits on a 0.14-acre lot and is zoned RH. The asking price is $299,900. The lease rate is $9.00 per square foot gross, plus utilities. This prime Waterbury location (zip code 06708) offers excellent accessibility and visibility. Don't miss this chance to acquire a well-located, adaptable warehouse space.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1925
Total area
4,815 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RH
APN
WBRY M:0390 B:1028 L:0801
UPID
US15-0929664
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
-
RSA Tool Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waclaw Zyno · 25 yrs held
Waclaw Zyno
since 2000
1 recorded transaction
Zoning & alternative use
RH · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,993
Tax year 2023
Assessed value
$110,600
Assessed 2023
Previous assessed
$110,600
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$23,240
Assessed improvement
$87,360
Applied tax rate
312.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1925
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
4,815 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RH
APN
WBRY M:0390 B:1028 L:0801
UPID
US15-0929664
Jurisdiction
WATERBURY
Zoning & alternative use
RH · Waterbury, CT
Zoning RH · permitted uses
RH · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Waclaw Zyno
Individual
Free & Clear · 25 yrs held
Mailing address
119 ENOCH ST, WATERBURY, CT 06705-2227
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2000
$25,000
Waclaw Zyno
Railroad Musm New Eng
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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