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Property profile & analytics
OFF-MARKET
Turn key restaurants

9 Church St Naugatuck, CT 06770-4111

7,320 SF 0.1 ac lot Built 1890
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US15-0261094
Property summary
AI-generated overview

This exceptional 7,320-square-foot retail building at 9 Church Street in Naugatuck, Connecticut, presents a unique investment opportunity. Situated on a 0.1-acre lot, this three-story structure, built in 1890, boasts a substantial amount of space, currently entirely vacant. The main floor previously housed a long-term successful restaurant, offering a strong foundation for a variety of commercial uses. The second and third floors are currently unfinished, providing significant potential for expansion or customization to suit a tenant's specific needs. The building features 200 amps of power. The property is zoned commercial and located in New Haven County, with easy access to local amenities and transportation. While the building includes an attic and basement, their square footage is not specified. A HVAC system is available for an additional $50,000, covering two floors. This property offers a blend of historical charm and significant development potential, making it an ideal choice for an entrepreneur seeking a prominent location in a thriving community. The building's size and location make it suitable for a variety of retail or office uses. The vacant space allows for complete customization to meet the needs of a new tenant. This is a rare opportunity to acquire a substantial commercial property in a desirable Connecticut town.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,320 SF
Lot 0.1 ac (4,356 SF)
Zoning code DD
APN NAUG M:002 L:1300
UPID US15-0261094
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
  • La Casita Mexican Restaurant & Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
by Request
Owner & transaction history
Earth Core Energy Svcs · 6 yrs held
Earth Core Energy Svcs
since 2020
Last sale
$259,000
7 recorded transactions
2020
$259,000
2019
$194,775
2018
Price N/A
2009
$1
2008
$1
2007
$342,000
2005
$280,000
Zoning & alternative use
DD · Naugatuck, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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