572 Watertown Ave

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572 Watertown Ave

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

What's Special

572 Watertown Avenue is situated within a high-traffic commercial corridor in the northern section of Waterbury, Connecticut. The neighborhood features a dense mix of established local businesses, residential pockets, and national retailers. The property benefits from proximity to the Route 8 expressway and I-84, providing efficient regional connectivity for commuters and logistics. Surface transit options are available via Greater Waterbury Transit District bus routes, while nearby amenities include diverse dining options, professional services, and the recreational green spaces of nearby parks. The property is suited for a variety of retail applications, ranging from boutique storefronts to high-volume service providers. Typical tenant profiles for this location include convenience retailers, quick-service food operators, and neighborhood-oriented personal services such as salons or dry cleaners. Its visibility along a major arterial road supports businesses reliant on drive-by exposure and local foot traffic. The versatile floor plate allows for flexible interior configurations to meet the specific branding and operational requirements of diverse commercial occupants.

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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

Location & Travel Times