For Sale
$1,100,000

485 Watertown AveWaterbury, CT 06708

High-Occupancy Retail/Office Center in CT

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,200 square foot shopping center, located at 485 & 497 Watertown Avenue in Waterbury, Connecticut, presents a lucrative investment opportunity. Built in 2009, the property boasts 100% occupancy across its multi-tenant retail and office spaces. Situated on a 0.73-acre lot, the center is zoned CA and benefits from its prime location in New Haven County, zip code 06708. The property's strong performance is reflected in its current asking price of $1,100,000. The building's recent construction ensures modern amenities and efficient layouts, appealing to a diverse range of tenants. With a total square footage of 5,200 square feet, the center offers ample space for various business needs. The property's strong occupancy rate indicates a stable income stream, further enhanced by the relatively low property taxes of $4.72 per square foot. This well-maintained and highly sought-after shopping center represents a compelling investment opportunity for discerning buyers seeking a stable and profitable addition to their portfolio. The property's strategic location in a thriving area of Waterbury ensures continued high demand and potential for future growth. This is a rare chance to acquire a fully occupied, high-performing commercial property in a desirable Connecticut market.

Highlights

  • 5,200 SF shopping center in Waterbury, CT.
  • 100% occupied, multi-tenant retail/office building.
  • Located on a 0.73-acre lot, zoned CA, in zip code 06708.
  • Asking price: $1,100,000.
  • Built in 2009, offering modern amenities.

Property Details for 485 Watertown Ave

Property type
Lifestyle centers, Power centers
Square Feet
5,200 SF
Year Built
2009
Lot Size (sq. ft)
31,799 SF

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5659671
Longitude
-73.0604638
485 Watertown Ave, Waterbury, Connecticut

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485 Watertown Ave
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