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MLS 24186496 For Sale Updated August 16, 2026
158 Grand Street

Waterbury, Connecticut 06702

$825,000
On market 53 days
158 Grand Street
1 / 21

About This Property

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.

Property Details

Interior

Heat
Hot Water — Other
Cooling
None

Exterior & Lot

Roof
EPDM Synthetic Rubber
Construction
Construction
Lot Description
Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

158 Grand Street

Waterbury , Connecticut 06702

$825,000

On market 53 days

Beds
0
Baths
2
SqFt
11,592
Type
Commercial
County New Haven
Garage -
Rooms -
Lot Size 0.09 Acres
Property Tax $8,580
Assessed Value $197,960
Year Built 1900
Zoning CBD

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

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.

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