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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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.
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