969 West Main Street Waterbury, CT $ 2,500,000
969 West Main Street
$ 2,500,000
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969 West Main Street

Waterbury, CT, 06708
$ 2,500,000
Baths0.0 Sq 29,926

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in Waterbury, CT

for $2,500,000. This 29,926 square foot building was built in 1920 on a lot size of 0.71.

Introducing Russell Place, an expansive 29,000+ sq. ft. mixed-use building, blending professional office spaces with residential living. Recently re-zoned to accommodate 12 residential units, this property stands as a unique investment opportunity. The ground floor hosts a suite of professional offices, generating a robust income stream from established, long-term tenants. Approval has been granted for the conversion of the second and third floors into 12 modern residential apartments, with architectural plans readily available for review. Renovated in 2019, the building features a new roof, upgraded HVAC systems, and refreshed landscaping. It offers an abundance of onsite parking, both covered and uncovered, for tenants and visitors alike, ensuring convenience and accessibility. Situated at the strategic junction of Route 8 and I-84, it’s just minutes from the heart of downtown’s shopping, dining, and public transport options, making Russell Place an ideally located property with vast potential for growth and income generation. - Additionally, the adjacent lot, currently serving as extra parking, is part of the package.

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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.71

Year Built

1920

Town/City

Waterbury

MLS | Web ID

24000449

Features
General
Interior Features Elevator Fire Suppression System Handicap Design
Zoning RO
Full Baths 0
Half Baths 0
Year Built 1920
Neighborhood Bunker Hill
Heater Type Gas on Gas
County New Haven
Present Use Offices/ medical space
Tax Year July 2023-June 2024
Location Highway Access Downtown
Property Type Commercial For Sale
Status Active
Acres 0.71
Directions Use gps
City Waterbury
Street Name Main
Sq Ft Total 29926
DOM 71
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Interior
Cooling System Central Air
Total Rooms 0
Utilities Available Electric Gas Available Phone Available Cable Available
Total Bathrooms 0
Total Bedrooms 0
Total Number of Units 14
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Exterior
Water Source Public Water Connected
Garage Parking None Parking Lot Off Street Parking None
Lot Description Dry Level Lot
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* Excluded Features
List By
Shirley Barroso

Listing Agent

Re/Max Rise

Broker

barroso.shirley22@outlook.com

Email

Affordability Calculator

$16,616
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2024$2,500,000 Listed Price

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969 West Main Street, Waterbury, CT, 06708 is a Commercial Property for sale at $2,500,000 with 29,926 sqft and a lot size of 0.71. 969 West Main Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 06708 which is in Waterbury, CT