158 Grand St 11,592 SF 100% Leased Office Building Waterbury, CT 06702 $1,171,170 CAD ($101.03 CAD/SF)

Rare value add and development opportunity with approvals already in place. This commercial building comes with approved architectural plans, MEPs, and civil engineering surveys for a mixed-use redevelopment consisting of commercial space on the ground floor and 10 residential apartments above. The approved unit mix includes commercial on the ground level, 2 studios, 7 one-bedroom units, and 1 two-bedroom unit.
Located in a desirable area with strong rental demand, this spacious building offers investors and developers the chance to bypass much of the entitlement process and move directly toward construction. The hard work of obtaining approvals has already been completed, creating a significant advantage for the next owner.
Whether you're looking to expand your portfolio, capitalize on the growing demand for mixed use properties, or develop a long term income producing asset, this property presents an exceptional opportunity. Bring your vision and construction team this project is primed for transformation and positioned to deliver substantial upside upon completion.
Please contact the listing agent for a full set of approved plans.