Waterbury, Connecticut 06702
Rare value add and development opportunity with approvals already in place. This commercial building comes with approved architectural plans, MEPs, and civil survey for a mixed-use redevelopment consisting of commercial space on the ground floor and 10 residential apartments above. The approved unit mix includes 2 studios, 7 one-bedroom units, and 1 two-bedroom unit. Located in a desirable area with strong rental demand, this spacious building offers investors and developers the chance to bypass much of the entitlement process and move directly toward construction. The hard work of obtaining approvals has already been completed, creating a significant advantage for the next owner. Whether you're looking to expand your portfolio, capitalize on the growing demand for mixed use properties, or develop a long term income producing asset, this property presents an exceptional opportunity. Bring your vision and construction team this project is primed for transformation and positioned to deliver substantial upside upon completion.
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