commercial
11,592 SF
158 Grand Street
Waterbury, Connecticut 06702
Price
$825,000
Price/SF
$71.17/SF
Building Size
11,592 SF
Lot Size
0.09 acres
Year Built
1900
Property Description
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.
Additional Details
Zoning
CBD
MLS Number
24186496
Property ID
904e9b68-f358-4fcd-8024-991abecdf808
MLS Information
MLS#: 24186496
Listed by: Vanguard Private Client Grp
Agent: Natalie Zoef • (860) 882-8784 • n.zoef@vanguardpcg.com
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