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    OFF-MARKET
    Super regional malls

    500 Bank St, Waterbury, CT 06708-3568

    6,528 SF 0.6 ac lot Built 1990
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US15-0405201
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1990
    Total area 6,528 SF
    Lot 0.6 ac (26,136 SF)
    Zoning code CA
    APN WBRY M:0344 B:0276 L:0122
    UPID US15-0405201
    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
    • Sun Kee Kitchen Restaurant
    • Anthony's Barber & Style Shop Barber Shop
    • Carousel Farms Food Market Restaurant
    • Sullivan's Discount Liquors Specialty Food Shop Wine and Liquor Store
    • ADRIANA'S CAFE LLC Restaurant
    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
    Mariham LLC · 10 yrs held
    Mariham LLC
    since 2015
    1 recorded transaction
    2015
    $750,000
    Zoning & alternative use
    CA · Waterbury, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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