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Property profile & analytics

34 Monroe Ave Waterbury, CT 06705-1417

  • Investment properties
  • 3,780 SF
  • 0.11 lot acres
OFF-MARKET
Last Sale
Mar 15, 2022
$125,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-1023505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Sunshine. Dance / Training Center

Property Details for 34 Monroe Ave

Year built
1984
Lot size
0.11 lot acres
Property size
3,780 SF
Zone code
CA
Property type
Investment properties
Property subtype
Live-work space
APN
WBRY M:0324 B:0353 L:1041
APU
WBRYM0324B0353L1041

Description

This exceptional 3,780 square foot commercial building is strategically located just off Meriden Road in Waterbury, CT, offering excellent visibility. The property sits on a 0.11-acre lot and features a steel truss structure allowing for a clear span on both floors. The ground floor boasts an 8-foot ceiling height (to the underside of the steel), providing ample space for various uses. Currently, the building comprises approximately 2,023 square feet of retail space on the first floor and additional office space on the second floor. A portion of the structure has been developed as a residential apartment, presenting a unique opportunity for mixed-use development. The Commercial Arterial Zone (CA) district zoning permits a wide range of uses, including retail sales, restaurants, personal and business services, entertainment, recreation, social gathering spaces, automotive and marine trades, office space (including medical offices), daycare centers, religious institutions, kennels, veterinary services, wholesale trade, and limited vehicle service facilities. Prospective buyers are encouraged to review the zoning regulations to ensure their intended use is permitted. This versatile property presents a compelling investment opportunity in a desirable Waterbury location. The building's prominent position and flexible zoning make it ideal for a variety of commercial ventures.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Waterbury
County
New Haven
State
Connecticut
Longitude
-73.012
Latitude
41.5509
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,395
$22,820
$132,090
$154,910
-
$0.00
$0.00
$0.00
More about this property
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