Waterbury, CT
Commercial Real Estate Market Trends & Data

$144 Avg asking sale price
$247 Avg asking lease rate
15,698 SF Avg unit lease size
14,396 SF Avg building size for sale
8.18% Average cap rate

Waterbury's Demographic Profile

Waterbury has 43,940 households and a median income of $47,930, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 113,513
# Households 43,940
Median age 37
Median household income $47,930
Avg household size 3.0
Renter-occupied housing units 26,064
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Waterbury, CT

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Waterbury $94 9,928 SF 8.06%
Middlebury $115 12,886 SF 7.00%
Naugatuck $110 5,100 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Waterbury $176 11,036 SF
Wolcott $179 6,753 SF
Prospect $215 5,000 SF
Middlebury $110 5,100 SF
Naugatuck $204 9,179 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Waterbury $150 20,056 SF 10.08%
Beacon Falls $190 208,467 SF 6.00%
Bristol $115 6,940 SF 9.40%
Forestville $115 6,940 SF 9.40%
Oxford $190 208,467 SF 6.00%

Commercial Properties For Sale in Waterbury

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

East End: Big Mixed-Use Bldg on Corner Lot

Waterbury, CT 06705

  • 11,760 SF Retail Building
  • $895,000
For Sale

Extensively Upgraded 6 Unit Multifamily

Waterbury, CT 06710

  • 4,800 SF Multifamily
  • 7.66% Cap Rate
  • $750,000
For Sale

2 Three Families, 1 Parcel

Waterbury, CT 06704

  • 4,788 SF Multifamily
  • 7.98% Cap Rate
  • $795,000
For Sale

Fully Updated 6 Unit Investment

Waterbury, CT 06710

  • 7,320 SF Multifamily
  • 7.65% Cap Rate
  • $875,000
For Sale

111 Bank St

Waterbury, CT 06702

  • 11,040 SF Multifamily
  • $1,195,000
For Sale

68 Center St

Waterbury, CT 06702

  • 9,438 SF Retail Building
  • $850,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Waterbury pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Waterbury $144 14,396 SF
Wolcott $185 6,689 SF
Oakville $79 37,630 SF
Prospect $97 37,100 SF
Middlebury $245 11,532 SF

Multifamily Properties For Sale in Waterbury

For Sale

140 Grand St

Waterbury, CT 06702

  • 6,596 SF Multifamily
  • 8.50% Cap Rate
  • $1,395,000
For Sale

25 Unit, Turn Key Portfolio w/Big Unit Mix

Waterbury, CT 06706

  • 14,720 SF Multifamily
  • 8.59% Cap Rate
  • $2,650,000
For Sale

27 Units: Downtown Waterbury | Mixed Use

Waterbury, CT 06702

  • 22,050 SF Multifamily
  • 7.10% Cap Rate
  • $2,625,000
For Sale

Portfolio of 6 Assets in Brooklyn Center

Waterbury, CT

  • 10.08% Cap Rate
  • $3,960,000
For Sale

16 Unit HUD Building

Waterbury, CT 06710

  • 11,360 SF Multifamily
  • 7.36% Cap Rate
  • $1,600,000

Regional Demographic Comparison

This comparison places Waterbury alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Waterbury or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Waterbury 113,513 43,940 37 $47,930 3 26,064 -1%
Wolcott 15,832 5,980 46 $109,396 3 845 -1%
Oakville 8,624 3,537 45 $78,161 2 1,051 -1%
Middlebury 7,967 3,000 47 $129,705 3 327 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Waterbury, CT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Waterbury

View All Commercial Real Estate For Sale in Waterbury
Is Waterbury a good market for a first-time commercial real estate investor?

Waterbury offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Waterbury?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Waterbury. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Waterbury?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Waterbury. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Waterbury compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Waterbury. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Waterbury acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Waterbury, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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