650 Wolcott StWaterbury, CT 06705

  • Other commercial real estate
  • 5.97 AC
For Lease
$9.95/SF/YR View listing

Property Details for 650 Wolcott St

Lot size
5.97 AC
Zone code
CA
Property type
Other commercial real estate
APN
WBRY M:0259 B:0570 L:0121
APU
WBRYM0259B0570L0121

Description

Exceptional retail opportunity awaits at Mattatuck Plaza, a 41,562 square foot commercial property situated on a generous 16.63-acre lot in Waterbury, Connecticut. This multi-tenant building currently offers 41,562 square feet of vacant space, divisible into units ranging from 9,512 square feet to a maximum contiguous space of 32,050 square feet. Two suites are available, with one former restaurant space featuring a 14-foot ceiling height (17 feet under bar joists). The property boasts excellent parking and is ideally located at 650 Wolcott St, Waterbury, CT 06705, approximately one mile north of Brass Mill Center. Its strategic location provides easy access to major Connecticut cities via I-84 and Route 8. The building features a finished block exterior and rubber interior construction. Utilities include Eversource electric and gas, city sewer, and city water. Central air conditioning and gas heat are installed. The lease rate is $9.95 per square foot, plus estimated net operating expenses of $7.32 per square foot. The property is zoned commercial. This presents a unique chance to establish a thriving business in a high-traffic area with excellent visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $49,212,200
    Hospitality
    $45,078,108
    Educational
    $37,504,460
    Medical
    $38,794,292
    Retail
    $58,340,268
650 Wolcott St, Waterbury, Connecticut

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5581
Longitude
-73.0107
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
$230,894
$600,740
$3,660,090
$4,260,830
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-
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