207 Bank StWaterbury, CT 06702

  • Office properties
  • 840 SF
For Lease
$12/SF/YR View listing

Property Details for 207 Bank St

Year built
1910
Property size (Sq ft)
840 SF
Zone code
CBD
Property type
Office properties
Property subtype
Other office properties
APN
WBRY M:0294 B:0274 L:0207-1A
APU
WBRYM0294B0274L02071A

Description

This exceptional executive office space, located at 207 Bank Street, Unit 5 in Waterbury, Connecticut, offers a rare opportunity to lease a highly desirable commercial property. The building, constructed in 1910 and situated in the heart of the Central Business District (CBD), boasts a total of 4,711 square feet. Currently, the entire space is vacant and available for lease, offering flexibility for businesses seeking between 1,074 and 3,637 contiguous square feet. The unit features attractive 9-foot ceilings, providing a spacious and comfortable work environment. The property's zoning designation as CBD ensures convenient access to amenities and a vibrant business community. This location in New Haven County, with its Waterbury address and 06702 zip code, provides excellent visibility and accessibility. The multiple tenancy option allows for adaptability to various business needs. This is an ideal space for businesses seeking a prestigious address in a thriving Connecticut city. The property is ready for immediate occupancy, presenting a unique chance to establish a strong presence in the Waterbury market. Interested parties should inquire promptly to secure this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $138,877
    6.5%
    $128,194
    7%
    $119,038
  • Comparable approach

    Method
    Valuation
    Relative Method
    $109,754
    Geo Method
    $109,754
  • Alternative Use

    Use
    Valuation
    Residential
    $158,961
    Hospitality
    $145,607
    Educational
    $121,144
    Medical
    $125,310
    Retail
    $188,446
207 Bank St, Waterbury, Connecticut

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5528
Longitude
-73.0413
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,460
-
$29,540
$29,540
-
-
-
-

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