289 Congress AveWaterbury, CT 06708

  • Industrial properties
  • 4,815 SF
For Lease
$9/SF/YR View listing

Property Details for 289 Congress Ave

Year built
1925
Lot size
0.14 AC
Property size (Sq ft)
4,815 SF
Zone code
RH
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
WBRY M:0390 B:1028 L:0801
APU
WBRYM0390B1028L0801

Description

This 4,815 square foot light industrial building, located at 289 Congress Ave in Waterbury, CT, presents a unique investment opportunity. Built in 1925, the two-story structure features a main level of approximately 2,795 square feet and a lower level of approximately 2,020 square feet. Currently configured as an auto repair shop, the property's versatile layout is suitable for a wide range of uses. Key features include two drive-in doors, 8-foot ceilings, and 3-phase power. The entire 4,815 square feet is currently vacant and available for lease or purchase. The minimum divisible space is 2,795 square feet, with a maximum contiguous space of 2,020 square feet. The property sits on a 0.14-acre lot and is zoned RH. The asking price is $299,900. The lease rate is $9.00 per square foot gross, plus utilities. This prime Waterbury location (zip code 06708) offers excellent accessibility and visibility. Don't miss this chance to acquire a well-located, adaptable warehouse space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $911,186
    Hospitality
    $834,642
    Educational
    $694,412
    Medical
    $718,294
    Retail
    $1,080,197
289 Congress Ave, Waterbury, Connecticut

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.542
Longitude
-73.0482
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
$5,993
$23,240
$87,360
$110,600
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