Waterbury, Connecticut 06702
Rare opportunity to acquire a prominent mixed-use investment property offering both immediate income and significant value add potential. The ground floor is occupied by two established commercial tenants with strong leases in place, providing stable cash flow. The upper three floors are currently empty and present an exceptional redevelopment opportunity, with the highest and best use being conversion to residential apartments. The building features a welcoming vestibule entrance, a fully operable and serviced elevator providing access to all levels, and a recently installed EPDM roof. Investors and developers will appreciate the combination of existing income, substantial upside through residential conversion, and major building improvements already completed. Whether seeking a long-term investment, redevelopment project, or mixed-use asset with future growth potential, this property offers a unique opportunity in a highly desirable location.
On market 53 days
30-year fixed. Includes taxes; estimates only.
Map location is based on the property address.
Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: VPCG01.
Waterbury, Connecticut 06708
Waterbury, Connecticut 06702
Waterbury, Connecticut 06706
Waterbury, Connecticut 06708