Individually Owned 
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Property summary
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
VerifiedCap rate & NOI
Current use
-
Tour Operator Campground & RV Park
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of this zone is to promote arterial commercial district uses
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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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
CA · Waterbury, CTThe intent of this zone is to promote arterial commercial 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 arterial commercial district uses
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CA in Waterbury, CT.
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