Price Reduced 16.00%
Price History
$2,500,000
2/28/2024
$2,100,000
6/25/2024
969 West Main Street, Waterbury, (Bunker Hill), CT, 06708
0 beds
1920
29,926 sqft
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.
Status:
Active
Town:
Waterbury
Type:
Commercial
Units:
14
Zoning:
RO
Frontage:
Municipal Street
Garage:
None, Parking Lot, Off Street Parking, None
Heating:
Gas on Gas
Cooling:
Central Air
Parking:
34-car
Acreage:
0.71
Est. Taxes:
$45,430
Assessment
$918,890
Current Use
Offices/ medical space
Permitted Use
Zone for mixed use
Utilities
Electric,Gas Available,Phone Available,Cable Available
Lot Description:
Dry,Level Lot
Days on Market:
203
MLS #:
24000449
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Matthew Tutolo, RE/MAX RISE Email: MatthewTutoloSellsCT@gmail.com