170 Meriden Road

retail

170 Meriden Road

Waterbury, Connecticut 6705

Price

$895,000

Price/SF

$76.11/SF

Building Size

11,760 SF

Lot Size

0.43 acres

Year Built

1965

Units

4

Property Description

Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors.

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170 Meriden Road
170 Meriden Road
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170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
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170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road
170 Meriden Road

Additional Details

Zoning

RM

MLS Number

24192756

Property ID

ccd0cf24-f37c-485e-9ffd-37fcafc252bf

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MLS Information

MLS#: 24192756

Listed by: Oxford Realty

Agent: Amanda Faroni-Sheehan • (203) 314-4219 • amanda@oxfordrealtyco.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.