195 Freight St - Bar FOR SALE


Waterbury, CT 06702
$2,099,000 USD
203-525-5134
195 Freight St, Waterbury, CT for Sale
$2,099,000 USD
Bar - FOR SALE
1/21
null | 6.37% Cap Rate

195 Freight St
Waterbury, CT 06702


OVERVIEW

Redevelopment opportunity for this 1.82 acre property with a 34,000sf former warehouse in the CBD zone of Downtown Waterbury. Some permitted uses are Retail, Dining, Multifamily, Mediical, Office, School, Daycare and Gym. Located across the street is a 20 acre parcel to be developed with the Work,Live,Play theme being promoted. There is a bicycle path now and plans and grants offered for economic development. Property is located on the newly paved Jackson Street and is 1/4 mile from the RT84 and RT8 mix master. The Metro North Train Station is a 2 minute walk. This property has two units to be leased. The social club in the center is currently leased. The two available spaces are a 12,200sf space with 21ft ceilings and a loading dock on the right side for $6sf triple net and a 6,000 sf space with 17ft ceilings and a loading dock on the left side available for lease at $7.50sf triple net. Any tenants signing a two year lease are eligible for both of the city of Waterbury Grant Programs that will match up to $100,000 for the build out and up to $100,000 for equipment costs.

FOR SALE DETAILS

PRICE

$2,099,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

6.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

CBD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Don OrsiniDon Orsini Realty, LLCMore Info
203-525-5134

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Don OrsiniDon Orsini Realty, LLCMore Info
203-525-5134

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.