203-910-3314
57-61 S Main St, Waterbury, CT for Sale
Storefront Retail/Office - FOR SALE
1/24
null | Request Cap Rate

57-61 S Main St
Waterbury, CT 06706
Downtown Waterbury


HIGHLIGHTS

  • Commercial Retail: The ground floor is anchored by Yus Beauty Supply, a stable retail tenant. Additionally, the property features a small retail suite
  • Residential Component: The upper level currently houses an existing apartment, providing immediate residential income and benefiting from the high dem
  • Tenants pay all utilities, lease information can be provided upon request.
  • Redevelopment Opportunity: A major highlight of this asset is the potential for redevelopment. The upper-level footprint offers a compelling opportuni
  • Institutional Hub: The property is steps away from the University of Connecticut’s Waterbury Campus, Post University, and various government and munic
  • Regional Connectivity: The site offers excellent accessibility via Interstate 84 and Route 8, providing direct links to Hartford, New Haven, and the b

OVERVIEW

57–61 South Main Street offers a compelling mixed-use investment within Waterbury’s Central Business District. Positioned on a highly visible urban infill site along one of the city’s primary commercial corridors, this property provides an established income stream from ground-floor retail tenancy and an upper-floor residential unit. Current occupants include Yus Beauty Supply and an additional retail suite, ensuring steady cash flow and daytime foot traffic consistent with downtown activity. In addition to strong in-place income, the property presents significant value-add potential. The existing residential footprint creates opportunities for unit expansion or conversion, aligning with the city’s ongoing downtown revitalization and rising demand for urban housing. Utilities are reimbursed by tenants, contributing to operational efficiency and predictable expense pass-throughs. The location provides direct connectivity to Interstate 84 and Route 8, supporting convenient access to Hartford, New Haven, and the greater New York metropolitan region. Proximity to regional employers, multiple healthcare systems, and educational institutions reinforces both retail traffic and residential demand, further strengthening stability and long-term upside for investors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CBD

APN/PARCEL ID

WATE-000294-000012-001011

ASK ABOUT THIS PROPERTY

Connor DunnNew Scotland Development CompaniesMore Info
203-910-3314

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

Connor DunnNew Scotland Development CompaniesMore Info
203-910-3314

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