355 Fairfield Ave
Waterbury, CT 06708
Dollar General · Retail Property For Sale

The property is located in the Town Plot neighborhood in the west end of the city of Waterbury. The neighborhood is densely populated with a strong Italian influence and is home to many Italian restaurants, deli’s and is famous for its popular four-day feast and parade every July. Waterbury is ideally located along Interstate 84 which is just a 5 minute drive to the north has average daily traffic counts above 93,000 ADT and has a rich history that dates back to 1686, when the settlement was admitted as the 29th town in the Connecticut colony. Waterbury’s name alludes to its proximity to the Naugatuck River and the many tributaries that flow through the heart of the metropolitan area. During the nineteenth-century, Waterbury was the most prominent city in the US for manufacturing brassware and nicknamed “The Brass City”. This period of industrial development created a vibrant local economy with enormous job growth and an influx of wealth. Manufacturing remains a pillar for the local economy today, though the city is diversifying its industrial base in new areas like chemical research and banking services. Waterbury continues to tap into its creative roots, natural resources, and geographic advantages to drive development in both the local community and the wider county. With a population of 108,629 in just 29 square miles, Waterbury is the fifth most populous city in the state of Connecticut, the ninth in New England, and the tenth in the greater New York City Metropolitan area. Waterbury, along with the neighboring cities of Milford and New Haven make up the New Haven-Milford MSA which has a population of 856,875 and a strong average household income of $66,176. The city, Located along Interstate 84 and Route 8 offers high performing schools and universities including a regional University of Connecticut campus and Post University (Total Enrollment 7,844). Waterbury is also home to diverse attractions including the historic Palace Theater, the Timexpo Museum, and the Mattatuck Museum. Recently, Waterbury completed the Naugatuck River Greenway Project connecting 44 miles of pedestrian and bicycle paths throughout the city. This project promoting recreation, alternative transportation, and physical health has helped protect the small-town character and livability of the city. The property at is located the intersection of Fairfield Ave and Wesley Street and just a 2 minute drive from Holy Cross High School (Private - 700+ Students) and the Country Club of Waterbury (Private 18-hole Donald Ross designed course). Neighboring tenants within the immediate surrounding area include Rite Aid, IGA - Town Plot Supermarket, Fairfield Wine & Liquor, Benjamin Moore, Bushka Lumber & Millwork Company, Wells Fargo, TD Bank, Webster Bank, Mobil, and Dunkin Donuts. The property is just 22 miles northeast of New Haven, 33 miles southwest of Hartford, and 92 miles northeast of New York City.