14,496 SF

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

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

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