3801 Main StWaterbury, CT 06705

Property Details for 3801 Main St

Year built

2016

Property size (Sq ft)

15,000 SF

Zone code

CA

Property type

Commercial real estate

APN

WBRY M:0382 B:0154 L:11-3901-2

APU

WBRYM0382B0154L1139012

Description

This exceptional investment opportunity presents Eastside Village Commons, a 60,000-square-foot restaurant property situated on a sprawling 24-acre lot. Located at 3801 East Main Street in Wolcott, Connecticut (zip code 06705), this property boasts a highly desirable location with excellent visibility and accessibility. The site is pre-approved for five retail sites or offices and is currently for sale in its entirety. The property benefits from a traffic light at the intersection, ensuring high traffic volume and exposure. This prime location is strategically positioned near major retailers including Costco, Kohl's, Subway, Ion Bank, Restaurant Depot, and CarMax, creating a strong synergy and attracting a substantial customer base. Furthermore, its proximity to St. Mary's Hospital/Trinity Health Care provides a significant advantage. The surrounding demographics are impressive, with a population of 12,903 within one mile, 77,444 within three miles, and 169,684 within five miles. The city may offer potential tax incentives, adding further value to this already compelling investment. This is a rare opportunity to acquire a substantial restaurant property with significant growth potential in a thriving commercial area. The property's size and location make it ideal for a variety of restaurant concepts or redevelopment opportunities.

• Alternative Use

  Use

  Valuation

  Residential

  $2,838,587

  Hospitality

  $2,600,130

  Educational

  $2,163,278

  Medical

  $2,237,676

  Retail

  $3,365,099

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Latitude

41.5462

Longitude

-72.964

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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