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$550,000
Est. payment /mo
5,320 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,320 sqft
Price per Sqft $103
MLS Listing ID 24198130
Year Built 1900
Annual Tax Amount $7,951
Lot Size 6,098 Sqft
Property Description
Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow.
Location
State CT
County New Haven
Zoning CG
Interior
Heating Baseboard, Gas on Gas
Cooling None
Exterior
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Flat
Building
Lot Description Corner Lot, Level Lot
Story 1
Foundation Brick, Masonry
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Amanda Faroni-Sheehan • Oxford Realty
NEARBY SCHOOL & BUSINESS
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