158 Grand St - Office FOR SALE


Waterbury, CT 06702- Downtown Waterbury
$825,000 USD
860-882-8784
158 Grand St, Waterbury, CT for Sale
$825,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

158 Grand St
Waterbury, CT 06702
Downtown Waterbury


OVERVIEW

Rare value add and development opportunity with approvals already in place. This commercial building comes with approved architectural plans, MEPs, and civil engineering surveys for a mixed-use redevelopment consisting of commercial space on the ground floor and 10 residential apartments above. The approved unit mix includes commercial on the ground level, 2 studios, 7 one-bedroom units, and 1 two-bedroom unit. Located in a desirable area with strong rental demand, this spacious building offers investors and developers the chance to bypass much of the entitlement process and move directly toward construction. The hard work of obtaining approvals has already been completed, creating a significant advantage for the next owner. Whether you're looking to expand your portfolio, capitalize on the growing demand for mixed use properties, or develop a long term income producing asset, this property presents an exceptional opportunity. Bring your vision and construction team this project is primed for transformation and positioned to deliver substantial upside upon completion. Please contact the listing agent for a full set of approved plans.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CBD

APN/PARCEL ID

WATE-000294-000270-000026

ASK ABOUT THIS PROPERTY

Natalie ZoefVanguard Private Client GroupMore Info
860-882-8784

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Natalie ZoefVanguard Private Client GroupMore Info
860-882-8784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.