Property Description
Exponential Potential Abounds with this 5 Parcel Under-developed, RM Zoned (Moderate Density Multi Residence) parcel currently being utilized as light industrial on only a fraction of the parcel. With 3.4 acres total of prime investment Real Estate this represents a generational opportunity to build, or add to your investment portfolio. Held in the same family since the 1940s, this jewel is awaiting your vision for a windfall redevelopment. Current tenant paying 5700 a month, on only a fraction of the land, should buyer determine to maintain the existing structure. Owner currently nets $44,000 per year. Scarce opportunities like this still exist, do not miss your chance to be a part of this opportunity to generate unparalleled return, on a fractional investment.
Features
- Heating System:
- Hot Air, Zoned
- Cooling System:
- No
- Foundation Type:
- Concrete, Slab
- Heat Fuel Type:
- Natural Gas
- Exterior Features:
- Lighting, Outside Storage Area, Loading Dock/grade, Sidewalk, Doors – 16-20 Ft
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Location:
- Highway Access, Urban
- Lot Description:
- Level Lot, Cleared
- Water Source:
- Public Water Connected
Address Map
- Street:
- Main
- Street Number:
- 1172, 1184, 1236, Hope, N
- Floor Number:
- 0
- Longitude:
- W74° 58′ 16.3”
- Latitude:
- N41° 34′ 52”
- Street Dir Prefix:
- North
MLS Addon
- Office Name:
- Dave Jones Realty, LLC
- Agent Name:
- Jason Malagutti
- List Agent MLSID:
- MALAGUTJ
- List Office MLSID:
- JONE20
- Tax Year:
- July 2025-June 2026
- Directions:
- Chase Ave to North Main.
- HOA Fee Amount:
- $0
- Parcel Number:
- 1375648
- Property Tax:
- $6,253
- Zoning:
- RM
Commercial For Sale
1172, 1184, 1236, Hope, N Main, Waterbury, 06704
0 Bedrooms
0 Bathrooms
20,000 Sqft
$850,000
Listing ID #24176232
Basic Details
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24176232
- Price :
- $850,000
- Bedrooms :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 20,000 Sqft
- Year Built :
- 1967
- Lot Area :
- 3.40 Acre
- City:
- Waterbury
- Zipcode:
- 06704
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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