42-54 Bank St - Storefront Retail/Office FOR SALE


Waterbury, CT 06702- Downtown Waterbury
$1,750,000 USD
917-886-4005
42-54 Bank St, Waterbury, CT for Sale
$1,750,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 1.58% Cap Rate

42-54 Bank St
Waterbury, CT 06702
Downtown Waterbury


HIGHLIGHTS

  • Currently Franchise Tenant
  • Great For Development with 2nd Floor & 3rd Floor, nail salon, hair beauty salon, Yoga studio...any business.-
  • Possible Build out Mix Use for Convert Apartment on 2.3 Floor with Just Heating System, Chambers of Commerce will grant renovation expense.

OVERVIEW

Prime Investment Opportunity, Currently Franchise Tenant( Bank of America, Legendary Smoke, Dancing School) Value Add and Development with Renovation and installation of Heating System at 2nd Floor and 3rd Floor. Great Potential, Possible to get Cap Rate 14% or more. Chambers of Commerce will grant renovation expense.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

1.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bank, Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CBD

APN/PARCEL ID

WATE-000274-000011-000086

ASK ABOUT THIS PROPERTY

Young KimPromise Realty LLCMore Info
917-886-4005

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Young KimPromise Realty LLCMore Info
917-886-4005

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