101 Pierpont RdWaterbury, CT 06705

  • Other commercial real estate
  • 0.65 AC
For Lease
$5.95/SF/YR View listing

Property Details for 101 Pierpont Rd

Lot size
0.65 AC
Zone code
CA
Property type
Other commercial real estate
APN
WBRY M:0379 B:0137 L:0022
APU
WBRYM0379B0137L0022

Description

This exceptional turnkey creative office space, totaling 12,596 square feet, presents a unique investment opportunity in the Waterbury, CT submarket. Currently configured as an occupational education campus, the property offers significant flexibility for a variety of uses. The single-tenant building sits on a generous 2.48 acres of land and includes three one-story buildings. Ample parking is provided with over 100 spaces, ensuring convenient access for employees and clients. The property boasts excellent accessibility, with easy access from I-84 and Route 8, making it an ideal location for businesses seeking convenient commutes and high visibility. Zoned CA, the property's potential extends beyond its current use, offering a blank canvas for creative entrepreneurs and established businesses alike. The existing infrastructure and turnkey setup minimize upfront investment and allow for immediate occupancy. This is a rare opportunity to acquire a substantial, well-located property with significant upside potential in a thriving Connecticut market. The property's size, parking capacity, and convenient location combine to create a compelling offering for businesses seeking a functional and attractive workspace. The property is ready for immediate occupancy, eliminating the need for extensive renovations or build-outs. Its versatile zoning allows for a wide range of potential uses, making it an attractive investment for both short-term and long-term strategies. The cross street is East Main St.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,358,116
    Hospitality
    $4,908,006
    Educational
    $4,083,403
    Medical
    $4,223,838
    Retail
    $6,351,960
101 Pierpont Rd, Waterbury, Connecticut
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Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.545
Longitude
-72.9803
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
$47,253
$178,570
$693,420
$871,990
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-
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FAQs

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