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Property profile & analytics
FOR SALE
Storefront properties

651 E Main St Waterbury, CT 06702

2,585 SF Built 1924
Property ID
US15-1030036
Property summary
AI-generated overview

Rare mixed-use investment opportunity on busy East Main Street in Waterbury! This package includes 651 East Main Street featuring 2 commercial units, being sold together with 669 East Main Street, offering 4 residential units and 2 additional commercial storefronts. This well-located portfolio provides strong income potential with a diverse unit mix, ideal for investors seeking both residential and commercial rental streams. The properties benefit from excellent visibility, steady traffic exposure, and convenient access to major highways, public transportation, shopping, and local amenities. The residential units offer solid rental demand, while the commercial spaces are positioned in a high-traffic corridor, attractive for retail, office, or service-based businesses. Separate utilities and ample street presence enhance the flexibility and long-term value of this investment. Excellent opportunity to expand your portfolio with a multi-building, income-producing package in a central Waterbury location.

Property profile
Verified
Property type Storefront properties
Year built 1924
Total area 2,585 SF
UPID US15-1030036
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
  • Davis Gift Record Shop & Botanica Religious Bookstore
  • Davis Barber Shop Barber Shop
  • THCThrills | Same-Day Cannabis Delivery (Bike/Boat/Book/etc) Store
  • Popeyes LOUISIANA KITCHEN Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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