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246 Wolcott St 2,670 SF 100% Leased Retail Building Waterbury, CT 06705 $460,654 CAD ($172.53 CAD/SF)
EXECUTIVE SUMMARY
Prime Mixed-Use Investment Opportunity in Waterbury, CT
Presenting 246 Wolcott Street – a strategically located mixed-use property in the heart of Waterbury, New Haven County. This corner-lot parcel features two separate buildings: a well-maintained single-family residence and an established retail space currently operating as a beauty salon.
Residential Unit: 1,642 SF | 2 Bedrooms | 1 Bath
Retail Unit: 1,028 SF | 1 Bath
Lot Size: 0.12 Acres | Corner, Level Lot
Utilities: Public Water & Sewer | Electric Baseboard Heat
Annual Taxes: $5,655
Both units are currently leased, generating a combined monthly income of $2,200 with significant upside potential by adjusting to market rents. This is an excellent value-add opportunity for investors seeking cash flow with long-term appreciation.
Located on a high-visibility corner near residential neighborhoods and local businesses, the property offers strong exposure, flexible usage, and solid rental demand. Whether you’re looking to expand your portfolio, owner-occupy the retail space, or increase rents and reposition, 246 Wolcott Street is a rare find in today’s market.
Don't miss your chance to own a versatile income-producing asset in one of Waterbury’s established corridors.
Presenting 246 Wolcott Street – a strategically located mixed-use property in the heart of Waterbury, New Haven County. This corner-lot parcel features two separate buildings: a well-maintained single-family residence and an established retail space currently operating as a beauty salon.
Residential Unit: 1,642 SF | 2 Bedrooms | 1 Bath
Retail Unit: 1,028 SF | 1 Bath
Lot Size: 0.12 Acres | Corner, Level Lot
Utilities: Public Water & Sewer | Electric Baseboard Heat
Annual Taxes: $5,655
Both units are currently leased, generating a combined monthly income of $2,200 with significant upside potential by adjusting to market rents. This is an excellent value-add opportunity for investors seeking cash flow with long-term appreciation.
Located on a high-visibility corner near residential neighborhoods and local businesses, the property offers strong exposure, flexible usage, and solid rental demand. Whether you’re looking to expand your portfolio, owner-occupy the retail space, or increase rents and reposition, 246 Wolcott Street is a rare find in today’s market.
Don't miss your chance to own a versatile income-producing asset in one of Waterbury’s established corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,670 SF
Building Class
C
Year Built
1864
Price
$460,654 CAD
Price Per SF
$172.53 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.12 AC
Zoning
RM - Mixed Use - single-family residence and retail space
Parking
3 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Louise African Hair Brading
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Louise African Hair Brading | Services | - | - | - |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WATE-000323-000094-000761 | Improvements Assessment | $108,479 CAD |
| Land Assessment | $52,808 CAD | Total Assessment | $161,287 CAD |
PROPERTY TAXES
Parcel Number
WATE-000323-000094-000761
Land Assessment
$52,808 CAD
Improvements Assessment
$108,479 CAD
Total Assessment
$161,287 CAD
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246 Wolcott St
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