478 Main StWaterbury, CT 06702

Property Details for 478 Main St

Year built

1905

Lot size

0.17 AC

Property size (Sq ft)

4,048 SF

Zone code

CBD

Property type

Retail properties

Property subtype

Retail space

APN

WBRY M:0253 B:0056 L:0096

APU

WBRYM0253B0056L0096

Description

This exceptional 1,128 square foot executive office suite, located at 478 West Main Street in Waterbury, Connecticut, presents a unique opportunity for discerning businesses. Situated in a beautifully renovated building (2020), this single-tenant space boasts 9-foot ceilings and is part of a larger 4,048 square foot building constructed in 1905. The property sits on a 0.17-acre lot within the Central Business District (CBD) zoning of New Haven County. The building's classic architecture is complemented by modern updates, creating a sophisticated and functional workspace. The entire building is currently configured as a single-tenant space, offering privacy and control. This prime location in Waterbury, CT (zip code 06702) provides easy access to major transportation routes and amenities. The property's blend of historical character and contemporary upgrades makes it an ideal location for businesses seeking a prestigious and efficient office environment. The address is 478 W Main St, Waterbury, CT 06702. This is a rare opportunity to lease a well-maintained, historically significant office space in a thriving Connecticut city. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $983,805

  6.5%

  $908,128

  7%

  $843,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,332,857

  Geo Method

  $1,332,857

• Alternative Use

  Use

  Valuation

  Residential

  $766,040

  Hospitality

  $701,688

  Educational

  $583,797

  Medical

  $603,874

  Retail

  $908,128

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Latitude

41.5584

Longitude

-73.049

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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