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$ 895,000
Est. payment /mo
New
170 Meriden Road Waterbury, CT 06705
6 Baths
11,760 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,760 sqft
Price per Sqft $76
MLS Listing ID 24192756
Full Baths 5
Half Baths 1
Year Built 1965
Annual Tax Amount $13,661
Lot Size 0.430 Acres
Property Description
Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors.
Location
State CT
County New Haven
Zoning RM
Interior
Interior Features Window Display
Heating Gas on Gas, Hot Air
Cooling Window Unit
Flooring Tile, Vinyl
Exterior
Exterior Feature Roof Sign, Gutters, Lighting, Door Sign
Parking Features Driveway, Paved, Off Street Parking
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Asphalt Shingle,Flat
Building
Lot Description Corner Lot
Story 2
Foundation Masonry, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Amanda Faroni-Sheehan • Oxford Realty
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