572 Watertown Avenue

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572 Watertown Avenue

Waterbury, CT 06708
Asking Price
$1.80M
Asset Type
Restaurant Retail
Class
Class B

What's Special

Retail | 5,912 SqFt <ul><li>​Building 1: ±2,132 SF restaurant plus ±600 SF basement/storage area</li><li>​Building 2: ±3,780 SF office/retail building</li><li>​Restaurant tenant serving Waterbury for 27 years</li><li>​Restaurant lease in place through January 1, 2036</li><li>​Building 2 leased below market on a month-to-month basis</li><li>​Opportunity to increase rental income in Building 2</li><li>​Corner commercial site with two existing curb cuts</li><li>​Approximately 8,300 vehicles per day</li><li>​Ideal inve

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NOI
$80,000
Cap Rate
4.45%
DSCR
0.75
Underwater
Cash-on-Cash
-4.97%
Monthly Payment
$8,900.47
Annual Cash Flow
$-26,805.645

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