68 Center StWaterbury, CT 06702

Property Details for 68 Center St

Year built

1895

Lot size

0.08 AC

Property size (Sq ft)

14,496 SF

Zone code

CBD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

WBRY M:0294 B:0011 L:0007

APU

WBRYM0294B0011L0007

Description

This exceptional executive office building, located at 68-76 Center Street in the heart of Waterbury, CT's Central Business District (CBD), offers a unique opportunity for businesses seeking prestigious office space. The property, built in 1895 and boasting four stories, comprises a total of 14,496 square feet. Currently, there are multiple suites available, with a maximum contiguous space of 5,000 square feet and a total of 5,000 square feet currently vacant. Individual suites range from 1,500 to 5,000 square feet, providing flexibility for various business needs. The building features attractive 9-foot ceilings and ample power with 100-amp service. The 0.08-acre lot provides a convenient and accessible location within the vibrant downtown area. The zoning designation is CBD, ensuring compatibility with a wide range of commercial uses. This historic building offers a blend of character and modern functionality, making it an ideal location for businesses seeking a prominent address in Waterbury, Connecticut. The property is zoned for CBD use and offers a unique opportunity to establish a presence in a thriving downtown location. Contact us today to learn more about leasing options and to schedule a viewing. The zip code is 06702.

• CAP approach

  CAP return

  Valuation

  6%

  $2,396,622

  6.5%

  $2,212,266

  7%

  $2,054,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,894,047

  Geo Method

  $1,894,047

• Alternative Use

  Use

  Valuation

  Residential

  $2,743,210

  Hospitality

  $2,512,766

  Educational

  $2,090,592

  Medical

  $2,162,490

  Retail

  $3,252,032

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Latitude

41.555

Longitude

-73.0423

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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