165 Highland Ave, Waterbury, CT 06708
3,613 SF | 100% Leased | Retail Building | Waterbury, CT 06708 | $395,000 ($109/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $395,000
- Property Type
-
Retail
- Square Feet
- 3,613 SF
- Price / Square Foot
- $109
Listing Contacts
Kimmy Hom
Verified Profile
- Property Info
Property Overview
Investors take notice. A mixed-use property located at the desirable area in Waterbury. A successful eat-in and take out Restaurant on the ground floor with a detached garage. Lease will expire in 2029. Four bedrooms/two bathrooms residential unit on the 2nd floor. Newer roof, large deck. Rents are below market; 2nd floor lease will expire in July 2024. Current annual gross income is $43,800 and tenants pay their own utilities. 2nd floor rent will raise to $2,300 after July 2024. The potential annual gross income will be $55,200. Great income property. Don't miss this investment opportunity !
Property Details
- Class
- C
- Year Built
- 1950
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 5,663 SF
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