170 Meriden Rd - Storefront Retail/Residential FOR SALE


Waterbury, CT 06705- Downtown Waterbury
$895,000 USD
203-314-4219
170 Meriden Rd, Waterbury, CT for Sale
$895,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

170 Meriden Rd
Waterbury, CT 06705
Downtown Waterbury


HIGHLIGHTS

  • East End Location
  • Corner Lot w/Great Visibility & High Traffic
  • Renovated Apartments
  • Separate & Tenant Paid Utilities
  • Ample Off Street Parking
  • CAN BE PURCHASED W/OTHER ASSETS

OVERVIEW

Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors. CAN BE PURCHASED W/OTHER ASSETS.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$76 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

East End: Big Mixed-Use Bldg on Corner Lot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

RM

APN/PARCEL ID

WATE-000349-000351-000106

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

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