$3,900,000

About This Property

AMAZING opportunity in the heart of downtown Waterbury. This three-story office building offers 29,594 SF with a 2014 facade update, an attractive lobby featuring classic Waterbury architectural detail, a working elevator, and a fire monitoring system with sprinklers. A standout feature is the expansive -/+ 90 car parking lot-providing rare convenience for tenants and visitors, with strong potential for additional income or future monetization. Located within the Central Business District / Economic Development zone, the property may qualify for a range of incentives (subject to approvals), including redevelopment grants, potential tax relief programs, tenant improvement funding, and other federal, local and state economic development support. The location offers excellent accessibility to Metro-North, the central bus terminal, and major highways, positioned within an area seeing ongoing public and private investment. Well-suited for a variety of uses including office, medical, professional services, retail, or potential mixed-use/residential conversion. A versatile asset with significant redevelopment potential, incentive upside, and long-term value for investors or owner-users.