500 Bank St, Waterbury, CT 06708-3568
This exceptional commercial property at 500 Bank Street in Waterbury, Connecticut presents a compelling investment opportunity. The 6,528 square foot building is currently fully occupied by tenants, generating consistent rental income. The property boasts a convenient 10-spot parking lot, ensuring ample parking for customers and employees. Its prime location on Bank Street benefits from high foot and vehicular traffic, placing it within a vibrant commercial district surrounded by other established businesses. This ensures a consistently busy and thriving environment, ideal for attracting and retaining clientele. The 0.6-acre lot provides ample space for the building and parking. The building itself is well-maintained, reflecting a commitment to quality and longevity. This turnkey investment is perfect for those seeking a stable and profitable addition to their portfolio. The strong tenant occupancy and desirable location make this a truly exceptional opportunity in the Waterbury market. The property's size, parking, and location combine to create a highly attractive offering for both current and prospective tenants. This is a rare chance to acquire a well-established, income-producing commercial property in a high-demand area. Don't miss this chance to secure a valuable asset in a thriving commercial sector.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CA · Waterbury, CTWaterbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.