425 Union StWaterbury, CT 06706
- Other commercial real estate
- 10.30 AC
Property Details for 425 Union St
- Lot size
- 10.30 AC
- Zone code
- CA
- Property type
- Other commercial real estate
- APN
- WBRY M:0322 B:0093 L:0114
- APU
- WBRYM0322B0093L0114
Description
This exceptional commercial property presents a significant opportunity for retail development or redevelopment. Located at 425 Union St, Waterbury, CT 06706, in New Haven County, this expansive site boasts a substantial 157,647 square feet of vacant retail space within a two-story building. The property sits on a generous 10-acre lot, offering ample room for expansion, parking, or additional development. Currently configured as a single-tenant space, this property is ideal for a large-scale retailer or a business seeking a significant footprint. The building's size and location in Waterbury, Connecticut, provide excellent visibility and accessibility. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a large, vacant retail space in a desirable location. The property's substantial size and acreage offer significant flexibility for a variety of retail concepts. Given its size and location, this property is well-suited for a variety of uses, subject to local zoning regulations. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs. The property is available for lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $84,905,536
- Hospitality
- $77,773,016
- Educational
- $64,706,232
- Medical
- $66,931,580
- Retail
- $100,654,144
Location Insight
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.5516
- Longitude
- -73.0278
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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