868-872 Bank St - Storefront Retail/Residential FOR SALE


Waterbury, CT 06708- Downtown Waterbury
$550,000 USD
203-314-4219
868-872 Bank St, Waterbury, CT for Sale
$550,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | 7.46% Cap Rate

868-872 Bank St
Waterbury, CT 06708
Downtown Waterbury


HIGHLIGHTS

  • Corner Building w/High Visibility
  • 100% Leased
  • Separate & Tenant Paid Utilities
  • On-Street Parking

OVERVIEW

Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

7.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CG

APN/PARCEL ID

WATE-000367-000680-000079

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.