42-58 Bank St, Waterbury, Ct - Storefront Retail/Office FOR SALE


Waterbury, CT 06702- Downtown Waterbury
$999,000 USD
42-58 Bank St, Waterbury, Ct, Waterbury, CT for Sale
$999,000 USD
Storefront Retail/Office - FOR SALE
1/45
null | 6.45% Cap Rate

42-58 Bank St, Waterbury, Ct
Waterbury, CT 06702
Downtown Waterbury


HIGHLIGHTS

  • Heavy Daylight Traffic
  • Option to Build Apartment or Retail Store
  • Bank Tenant

OVERVIEW

42–58 Bank Street comprises two interconnected commercial buildings totaling 23,280 SF in Waterbury, Connecticut’s downtown district. The property is positioned along the city’s Central Business District retail corridor with direct access to Interstate 84 and Route 8. It is approximately 1.2 miles from the Waterbury Train Station and 1.3 miles from Saint Mary’s Hospital, with additional proximity to UConn’s Waterbury Campus and municipal offices. The surrounding area includes government offices, healthcare facilities, retail services, and residential neighborhoods. Great for owner use 2nd and 3rd floor after renovation. Great For Development with 2nd Floor & 3rd Floor, Nail salon, Skin Care, Beauty salon, Yoga studio...any business. Develop apartment building. Possible Build out Mix Use for Convert Apartment on 2.3 Floor with Just Heating System, Chambers of Commerce will grant renovation expense.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,359 SF

ZONING

CBD

APN/PARCEL ID

WATE-000274-000011-000085,WATE-000274-000011-000086

ASK ABOUT THIS PROPERTY

Young KimPromise Realty LLCMore Info

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