commercial
14,496 SF
68 Center Street
Waterbury, Connecticut 06702
Price
$850,000
Price/SF
$58.64/SF
Building Size
14,496 SF
Lot Size
0.08 acres
Year Built
1895
Property Description
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.
Additional Details
Zoning
CBD
MLS Number
24186392
Property ID
230dfc71-f60e-44fa-9459-7f5473ff69d7
MLS Information
MLS#: 24186392
Listed by: Vanguard Private Client Grp
Agent: Natalie Zoef • (860) 882-8784 • n.zoef@vanguardpcg.com
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