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Investment Highlights

  • East End Location
  • Renovated Apartments
  • Ample Off Street Parking
  • Corner Lot w/Great Visibility & High Traffic
  • Separate & Tenant Paid Utilities
  • CAN BE PURCHASED W/OTHER ASSETS

Executive Summary

Exceptional mixed-use investment opportunity offering 11,760 SF of income-producing space in Waterbury's highly visible East End. The entire first floor, totaling approximately 6,500 SF, is leased long-term to a well-established and stable pawn shop, providing dependable commercial income. The second floor features three beautifully renovated residential apartments consisting of a 1-bedroom/1-bath unit, a spacious 4-bedroom/2-bath unit, and an oversized 6-bedroom/2-bath unit, creating a diverse unit mix with strong rental appeal. The residential units have been tastefully updated and are well maintained, minimizing deferred maintenance while maximizing tenant demand. High-efficiency COMBI boilers provide both heat and domestic hot water, with all utility costs separately metered and tenant paid. The property features abundant off-street parking, offering excellent accessibility for customers and ample parking for tenants. Situated on a large corner lot, the property benefits from outstanding visibility, steady traffic counts, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, restaurants, and public transportation. Combining stable commercial tenancy with renovated residential units, this is an excellent opportunity for investors seeking reliable cash flow, long-term stability, and future appreciation in one of Waterbury's established commercial corridors. CAN BE PURCHASED W/OTHER ASSETS.

Property Facts

Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,760 SF
Building Class
C
Year Built/Renovated
1954/2025
Price
$1,262,576 CAD
Price Per SF
$107.36 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.93
Lot Size
0.29 AC
Zoning
RM
Parking
20 Spaces

Amenities

  • Corner Lot
  • Signage
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Pawndepot
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Pawndepot - - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100

Nearby Major Retailers

Santander
Bank of America
IHOP
Rent-A-Center
Webster Bank
Aroma Joe's
Stop & Shop
Texas Roadhouse
Five Guys
Starbucks

Property Taxes

Property Taxes

Parcel Number
WATE-000349-000351-000106
Land Assessment
$126,005 CAD
Improvements Assessment
$325,416 CAD
Total Assessment
$451,421 CAD
  • Listing ID: 41356646

  • Date on Market: 2026-07-19

  • Last Updated:

  • Address: 170 Meriden Rd, Waterbury, CT 06705

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