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510 Meriden Rd 18,942 SF Retail Building Waterbury, CT 06705 $1,999,900 ($105.58/SF)



INVESTMENT HIGHLIGHTS
- Total Building Area: Approximately 18,942 square feet with Five (5) Tenants
EXECUTIVE SUMMARY
Prime Commercial Investment Opportunity at 510 Meriden Road, Waterbury, CT List Price: $2,229,900.00
Unlock the potential of this exceptional commercial property located at the highly sought-after corner of Meriden Road in Waterbury, CT. Spanning 2.95 acres, this site features four fully rented buildings that offer immediate income-generating opportunities.
Key Features:
Four (4) Buildings / Six (6) Tenants: All currently rented, ensuring a stable income stream.
2.95 Acres: Expansive lot with ample room for growth or future development.
Location: Conveniently placed on State Route 844 with access on Woodland Avenue Corner Parcel: High visibility and excellent traffic flow.
Zoning: CG (Commercial General) - ideal for a wide range of commercial uses. With its prime location, generous lot size, and strong rental income, this property is an outstanding investment for savvy buyers seeking long-term value. Don't miss out on this rare opportunity!
Unlock the potential of this exceptional commercial property located at the highly sought-after corner of Meriden Road in Waterbury, CT. Spanning 2.95 acres, this site features four fully rented buildings that offer immediate income-generating opportunities.
Key Features:
Four (4) Buildings / Six (6) Tenants: All currently rented, ensuring a stable income stream.
2.95 Acres: Expansive lot with ample room for growth or future development.
Location: Conveniently placed on State Route 844 with access on Woodland Avenue Corner Parcel: High visibility and excellent traffic flow.
Zoning: CG (Commercial General) - ideal for a wide range of commercial uses. With its prime location, generous lot size, and strong rental income, this property is an outstanding investment for savvy buyers seeking long-term value. Don't miss out on this rare opportunity!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
18,942 SF
Building Class
C
Year Built
1962
Price
$1,999,900
Price Per SF
$105.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.95 AC
Zoning
CG - Commercial General: CG zoning, business, retail, office, restaurant, trades, storage
Parking
10 Spaces (0.53 Spaces per 1,000 SF Leased)
Frontage
252’ on Meriden Rd
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WATE-000326-000376-000030 | Improvements Assessment | $290,500 |
| Land Assessment | $192,780 | Total Assessment | $483,280 |
PROPERTY TAXES
Parcel Number
WATE-000326-000376-000030
Land Assessment
$192,780
Improvements Assessment
$290,500
Total Assessment
$483,280
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Realty 3 CT
510 Meriden Rd
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