280 Chase River RdWaterbury, CT 06704

  • Industrial properties
  • 64,648 SF
For Lease
$4.80/SF/YR View listing

Property Details for 280 Chase River Rd

Year built
1900
Lot size
1.85 AC
Property size (Sq ft)
64,648 SF
Zone code
IG
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
WBRY M:0074 B:0973 L:0001
APU
WBRYM0074B0973L0001

Description

This 64,684-square-foot industrial warehouse, situated on 1.95 acres in Waterbury's IG-zoned submarket, offers a versatile space ideal for various uses. The single-tenant building, constructed in 1900, features four stories, one freight elevator, one loading dock, and two drive-ins. The first floor comprises 4,995 square feet of warehouse/manufacturing space with convenient access to the loading dock. A significant portion of the building (40,995 square feet) is currently vacant, presenting an excellent opportunity for expansion. The property boasts a 50-foot frontage on Chase River Rd, near Huntingdon. The building is equipped with a sprinkler system and benefits from its location within an Enterprise Zone, providing access to economic incentives. Permitted uses under the IG zoning include, but are not limited to, food processing, manufacturing, warehousing, and various trade services. Special permits may allow for additional uses, including vehicle service facilities and medical offices. This property offers a unique blend of historical character and modern functionality, making it an attractive investment opportunity in a thriving industrial area. Consult Waterbury Zoning Regulations for a complete list of permitted and special permit uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,233,930
    Hospitality
    $11,206,214
    Educational
    $9,323,439
    Medical
    $9,644,086
    Retail
    $14,503,127
280 Chase River Rd, Waterbury, Connecticut

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5897
Longitude
-73.055
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
2023
$30,290
$129,010
$429,940
$558,950
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-
-
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