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    Property profile & analytics
    FOR SALE
    Super regional malls

    425 Bank St, Waterbury, CT 06706

    69,104 SF 5.84 ac lot Built 1998
    Individually Owned 28-yr Hold Absentee Owner Free & Clear
    Property ID
    US15-0516303
    Property summary
    AI-generated overview

    This exceptional Waterbury, CT retail property, located at 425-475 Bank Street, offers 69,100 square feet of space, currently 62.3% occupied. The single-story, 1998-built building features a mix of grocery store, shopping center, and storefront uses, making it ideal for owner-users or investors. With a net rentable area of 26,040 square feet available, this multi-tenant property presents a significant opportunity. Its prime location boasts high visibility from major roadways, including I-84 and the James H. Darcey Memorial Highway, ensuring excellent accessibility. The surrounding area includes established retailers such as Home Depot and Dunkin' Donuts, along with family-friendly attractions and other supporting businesses, creating a vibrant and convenient shopping environment. The property's strategic location and existing tenancy make it an attractive investment in a thriving commercial hub. The asking price is $6,500,000. This presents a strong opportunity for an owner-occupant seeking additional space or an investor looking to capitalize on a well-positioned asset in a high-traffic area of Waterbury, Connecticut, zip code 06708. The property's proximity to restaurants and gas stations further enhances its appeal to both customers and employees. Don't miss this chance to secure a prominent retail presence in a dynamic and successful location.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1998
    Total area 69,104 SF
    Lot 5.84 ac (254,390 SF)
    Zoning code CA
    APN WBRY M:0319 B:0277 L:0004
    UPID US15-0516303
    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
    • Urban Air Trampoline and Adventure Park Tour Operator Campground & RV Park
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.26M
    Owner & transaction history
    Starwood Ceruzzi Wtby · 28 yrs held
    Starwood Ceruzzi Wtby
    since 1997
    2 recorded transactions
    1997
    $5.4M
    1969
    Zoning & alternative use
    CA · Waterbury, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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