For Sale
$1,699,000

572 Watertown AveWaterbury, CT 06708

Prime Watertown Ave location, 5,912 SF, two buildings.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 572 Watertown Avenue in Waterbury, Connecticut, presents a unique investment opportunity. The asking price is $1,699,000. The main building boasts 5,912 square feet and is currently occupied by a well-established restaurant. All existing restaurant inventory is included in the sale, featuring many new items. The property benefits from a high traffic count on Watertown Avenue, providing excellent visibility and accessibility. A significant improvement was recently completed: a new roof was installed in 2024. Adding to the investment potential, a second building on the property is currently leased to a long-term tenant, generating consistent rental income for the future owner. This dual-income stream offers a compelling return on investment. The property is situated in the Naugatuck Valley region of Connecticut, with easy access to Route 8 and Route 73, ensuring convenient transportation links. This property is ideal for a savvy investor seeking a blend of established business and passive income potential. The 06708 zip code offers a strong commercial presence. This is a rare opportunity to acquire a well-positioned, multi-building commercial property in a desirable location.

Highlights

  • $1,699,000 asking price.
  • 5,912 square foot lot, Special Purpose/Commercial Land.
  • Located at 572 Watertown Avenue, Waterbury, CT 06708.
  • Includes an established restaurant with inventory (included in sale).
  • Features a new roof (2024).
  • Includes a second building with a long-term tenant generating rental income.

Property Details for 572 Watertown Ave

Property type
Specialty properties, Land
Square Feet
5,912 SF

Location Insight

City
Waterbury
County
Naugatuck Valley
State
Connecticut
Latitude
41.5678895
Longitude
-73.0602611
572 Watertown Ave, Waterbury, Connecticut

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572 Watertown Ave
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