92 Brookside RdWaterbury, CT 06708

This exceptional investment opportunity presents a 15,932 square foot, two-story office building situated on 92 Brookside Road in Waterbury, Connecticut. Built in 1974, this well-maintained Class B property offers a diverse range of office spaces, from approximately 200 square feet to 4,950 square feet, catering to a variety of professional tenants. Currently boasting 95% occupancy across its 23 units, this stabilized investment generates a strong cash flow with a 6.10% cap rate. The asking price is $2,100,000, translating to $131.81 per square foot. The property features a substantial parking lot for tenants and visitors, central air conditioning, and gas forced-air heating. Many units include private baths or access to shared common areas. The building's prime location offers convenient access to Route 8 and I-84. Further enhancing its appeal, the property includes recently installed solar panels, contributing to reduced operating expenses. Some tenants are sub-metered, allowing for utility cost pass-through. This presents a compelling opportunity for investors seeking a low-maintenance, high-return commercial property in a desirable Connecticut location. The gross lease structure simplifies management, and the mix of unit sizes ensures a stable tenant base.