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Listed price in listed location currency (USD).
$850,000

000

MLS® 24165477

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 30
Lot Size 
Approx. Age 1967
MLS® Number 24165477

Property Address: 1172, 1184, 1236, Hope, N N Main Street, Waterbury, CT, 06704

Average square foot calculated using Size range provided by listing agent.

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., Agent related to Owners. Buyer to perform All related property diligence. Currently all associated parcels zoned "RM" which is defined as "3.3 MODERATE DENSITY RESIDENCE DISTRICT (R.M.). 3.31 Purpose. The purpose of the R.M. district is to provide for housing at a maximum density of approximately twenty-four (24) dwelling units per acre, allow for new forms of moderate density multiple residences such as town houses and group developments, and to protect, conserve and allow for the private rehabilitation of low density multiple residence areas by limiting the upward conversion of the dwellings to accommodate a larger number of families."
MLS® Number24165477
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1967
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Apr 10, 2026List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
1172, 1184, 1236, Hope, N St, Waterbury, CT

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