This exceptional 7,500-square-foot free-standing warehouse in Waterbury, CT, presents a unique leasing opportunity. Located at the highly visible corner of Meriden Road and Manor Avenue, this property boasts a prime location with a traffic light and significant daily traffic counts exceeding 23,000 vehicles, with over 1,200 entering the on-site parking lot. The building, formerly occupied by Rite Aid Pharmacy, offers flexible space options. The entire 7,500 square feet is available, or it can be subdivided into five 1,500-square-foot units, with one unit featuring a drive-thru. Each unit benefits from separate utilities. The building features a 10-foot ceiling height and is situated within a neighborhood shopping center. The property is professionally managed with local ownership, ensuring efficient and responsive management. Pricing is competitive, with the entire 7,500 square feet available at $12.95 per square foot gross, including taxes. Individual 1,500-square-foot units are available at $17.95 per square foot, with the drive-thru unit priced at $19.95 per square foot. Multiple units can be combined to accommodate various business needs. The property is zoned CA and offers on-site parking (5 spaces per 1000 square feet). This is an ideal opportunity for businesses seeking a well-located, adaptable warehouse space in a thriving commercial area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,419,293
Hospitality
$1,300,065
Educational
$1,081,639
Medical
$1,118,838
Retail
$1,682,549
Location Insight
City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5498
Longitude
-73.014
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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