92 Brookside Rd, Waterbury, CT 06708

15,982 SF | 95% Leased | Office Building | Waterbury, CT 06708 | $2,200,000 ($138/SF) | 6.10% Cap Rate

Asking Price $2,200,000

Property Type
Office
Square Feet
15,982 SF
Price / Square Foot
$138

Listing Contacts

  • Property Info

Property Overview

The Lisa Cozzi Team is pleased to present the opportunity to acquire 15,000 square feet commercial asset located in a prime Waterbury location. Conveniently located minutes from Route 8 and I-84, this 2-story brick building was built in 1974 and has been extremely well- maintained both inside and out. Pride of ownership abounds in this Bunker Hill gem.
With 95% Occupancy (1 Vacancy), this asset is cash-flowing, setting up a buyer for immediate success upon purchase. With some tenants being sub-metered, you have the ability to bill back for utilities. The Seller also installed solar panels (noted in financials) to support in keeping expenses low!
The property has offices ranging from ~200 sq ft through 4,950 sq ft, allowing for a diverse tenant base and variety of professional uses. Some units have private baths and/or common spaces to enhance the tenant experience.
The asset also boasts a large parking lot to support the tenants and their clients/guests, as well as, expansive views of the city of Waterbury. There is central air conditioning and gas forced air for heat. If you are looking for a solid investment with minimal maintenance and management needs, this is the one for you!

Property Details

Class
B
Year Built
1974
Stories
2
Lot Size (sq. ft)
336,719 SF

Highlights

  • Very Well Maintained & Managed
  • 95% Occupancy - Diverse Unit Size
  • Solar Panels to Lower Expenses
  • Ample Parking

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