20,000 SF

commercial

20,000 SF

1172, 1184, 1236, Hope, N Main Street
Waterbury, Connecticut 06704

Price

$850,000

Price/SF

$42.50/SF

Building Size

20,000 SF

Lot Size

3.40 acres

Year Built

1967

NOI

$44,000

Property Description

Exponential Potential Abounds with this 5 Parcel Under-developed, RM Zoned (Moderate Density Multi Residence) parcel currently being utilized as light industrial on only a fraction of the parcel. With 3.4 acres total of prime investment Real Estate this represents a generational opportunity to build, or add to your investment portfolio. Held in the same family since the 1940s, this jewel is awaiting your vision for a windfall redevelopment. Current tenant paying 5700 a month, on only a fraction of the land, should buyer determine to maintain the existing structure. Owner currently nets $44,000 per year. Scarce opportunities like this still exist, do not miss your chance to be a part of this opportunity to generate unparalleled return, on a fractional investment.

Additional Details

Zoning

RM

MLS Number

24176232

Property ID

4bd49c10-085b-41c8-8fc7-a4c14d519548

MLS Information

MLS#: 24176232

Listed by: Dave Jones Realty, LLC

Agent: Jason Malagutti • (203) 808-2084 • jason@davejonesrealty.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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