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246 Wolcott St 2,670 SF 100% Leased Retail Building Waterbury, CT 06705 $330,000 ($123.60/SF)
Executive Summary
Prime Mixed-Use Investment Opportunity in Waterbury, CT
Presenting 246 Wolcott Street – a strategically located mixed-use property in the heart of Waterbury, New Haven County. This corner-lot parcel features two separate buildings: a well-maintained single-family residence and an established retail space currently operating as a beauty salon.
Residential Unit: 1,642 SF | 2 Bedrooms | 1 Bath
Retail Unit: 1,028 SF | 1 Bath
Lot Size: 0.12 Acres | Corner, Level Lot
Utilities: Public Water & Sewer | Electric Baseboard Heat
Annual Taxes: $5,655
Both units are currently leased, generating a combined monthly income of $2,200 with significant upside potential by adjusting to market rents. This is an excellent value-add opportunity for investors seeking cash flow with long-term appreciation.
Located on a high-visibility corner near residential neighborhoods and local businesses, the property offers strong exposure, flexible usage, and solid rental demand. Whether you’re looking to expand your portfolio, owner-occupy the retail space, or increase rents and reposition, 246 Wolcott Street is a rare find in today’s market.
Don't miss your chance to own a versatile income-producing asset in one of Waterbury’s established corridors.
Presenting 246 Wolcott Street – a strategically located mixed-use property in the heart of Waterbury, New Haven County. This corner-lot parcel features two separate buildings: a well-maintained single-family residence and an established retail space currently operating as a beauty salon.
Residential Unit: 1,642 SF | 2 Bedrooms | 1 Bath
Retail Unit: 1,028 SF | 1 Bath
Lot Size: 0.12 Acres | Corner, Level Lot
Utilities: Public Water & Sewer | Electric Baseboard Heat
Annual Taxes: $5,655
Both units are currently leased, generating a combined monthly income of $2,200 with significant upside potential by adjusting to market rents. This is an excellent value-add opportunity for investors seeking cash flow with long-term appreciation.
Located on a high-visibility corner near residential neighborhoods and local businesses, the property offers strong exposure, flexible usage, and solid rental demand. Whether you’re looking to expand your portfolio, owner-occupy the retail space, or increase rents and reposition, 246 Wolcott Street is a rare find in today’s market.
Don't miss your chance to own a versatile income-producing asset in one of Waterbury’s established corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,670 SF
Building Class
C
Year Built
1864
Price
$330,000
Price Per SF
$123.60
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.12 AC
Zoning
RM - Mixed Use - single-family residence and retail space
Parking
3 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Louise African Hair Brading
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Louise African Hair Brading | Services | - | - | - |
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | WATE-000323-000094-000761 | Improvements Assessment | $76,930 |
| Land Assessment | $37,450 | Total Assessment | $114,380 |
Property Taxes
Parcel Number
WATE-000323-000094-000761
Land Assessment
$37,450
Improvements Assessment
$76,930
Total Assessment
$114,380
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246 Wolcott St
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