714 Chase Pkwy Waterbury, CT 06708
This exceptional investment opportunity presents two executive office units totaling 2,200 square feet, situated at 714 Chase Parkway in Waterbury, Connecticut. The property, built in 1970, sits on a generous 1.78-acre lot and benefits from RS zoning. Each unit represents a 9% interest in the 1,240,50 square foot building. Currently, the building has a 50% occupancy rate. The asking price for both units is $90,000. This is a multi-tenancy building with convenient access to I-84 via a nearby entrance ramp, and is located directly across from Naugatuck Valley Community College. The lease includes taxes, heat, electricity, common area maintenance (CAM), interior cleaning twice weekly, and non-hazardous trash removal. Individual unit size is 1,080 square feet. This presents a unique opportunity for investors seeking a well-located, income-producing property in a desirable Connecticut location. The property's size, location, and included amenities make it an attractive proposition for both owner-occupants and investors. The existing lease structure provides a stable income stream, while the RS zoning allows for flexibility in future development or use. This is a rare chance to acquire a piece of established commercial real estate in a thriving area.
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Dr. William F. Rozmajzl Jr., DDS - Dentist Dental Office
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Naugatuck Valley Dental Dental Office
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Chase Parkway Professional Building Medical Clinic
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Chase Parkway Dental: Dr. Roshanak Rose Dezfoolian Dental Office
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John A. Salerno, MD - Trinity Health Of New England Medical Group - Westside Internal Medicine Physician
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
CO · 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.