572 Watertown AveWaterbury, CT 06708

Property Details for 572 Watertown Ave

Lot size

0.90 AC

Zone code

CA

Property type

Other commercial real estate

APN

WBRY M:0195 B:0736 L:0009

APU

WBRYM0195B0736L0009

Description

This exceptional commercial property, located at 572 Watertown Avenue in Waterbury, Connecticut, presents a unique investment opportunity. The main building, boasting 5,912 square feet, currently houses a well-established restaurant, complete with existing inventory including many new items. This prime location on Watertown Avenue benefits from high traffic counts, making it ideal for a variety of businesses. The property also includes a second building, currently leased to a long-term tenant, generating consistent rental income for the new owner. This adds significant value and potential for passive income streams. The main building features a newly installed roof (2024), ensuring long-term structural integrity and minimizing future maintenance costs. The 0.9-acre lot provides ample space for expansion, parking, or outdoor seating. The asking price for this turnkey operation is $1,699,000. This property offers a blend of immediate income generation from the established restaurant and the potential for future growth and development. The combination of a strong location, existing income streams, and recent improvements makes this a compelling investment opportunity in the vibrant Waterbury market. Serious inquiries are encouraged.

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Latitude

41.5678

Longitude

-73.06

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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