Map of Property

East Main Street Mixed-Use

For Sale

197 East Main Street, Waterbury, CT 06702

This Waterbury property for sale is located at 197 East Main Street. The general use of East Main Street Mixed-Use is other and it incorporates 9,828 square feet of class C other space. The current listed sale price for East Main Street Mixed-Use is $1,900,000. East Main Street Mixed-Use is situated on a lot that is 0.12 acre in size.

Contacts

broker
Connor Dunn

Northeast Private Client Group

Property Details

  • Property Type Other
  • Property Size 9,828 SF
  • Units 14
  • Lot Size 0.12 Acre
  • Building Class C
  • Year Built 1934
  • Date Updated Sep 24, 2025
Waterbury, Connecticut, often referred to as “The Brass City,” is a historic community located in the western part of the state along the Naugatuck River. The city’s nickname comes from its once-thriving brass manufacturing industry, which played a central role in shaping its identity and economy during the 19th and early 20th centuries. Today, remnants of that industrial heritage can still be seen in the city’s architecture and landmarks, offering a glimpse into its past as one of the most important manufacturing hubs in the region.Northeast Private Client Group is pleased to present 197 E Main, a versatile 14-unit mixed-use property situated in the heart of Waterbury, Connecticut. Located directly adjacent to UConn Waterbury and the historic Palace Theatre, this property offers a prime location with excellent visibility and accessibility. The property comprises two retail suites and 12 residential units, including one-bedroom, two bedroom, and three-bedroom apartments—specifically, 3 one-bedrooms, 7 two-bedrooms, and 2 three-bedrooms. Tenants are responsible for their own gas and electric expenses. The current owner has invested over $500,000 in capital expenditures within the past year to improve and maintain the property, enhancing its value and operational efficiency. This presents an attractive opportunity for an investor to acquire a well-maintained asset in downtown Waterbury, with potential for further value appreciation through strategic rent adjustments and operational improvements. Its proximity to major local attractions and institutions makes it a desirable location for both residents and businesses.
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Highlights

  • 14 Units Total: including 2 retail suites and 12 residential apartments.
  • Prime Location: In the heart of Waterbury, next to UConn and the Palace Theatre.
  • Recent Upgrades: Over $500,000 invested in capital improvements within the last year.
  • Value-Add Potential: Opportunity to increase value through strategic rent growth.

Getting around

  • 92/100

    Walk Score ®

  • 60/100

    Transit Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Waterbury, CT
  • Neighborhood Waterbury Central Business District
  • Zip Code 06702
  • Market Bridgeport New Haven

Points of Interest

  • Naugatuck

    4.37 miles

  • Citgo

    0.79 miles

  • Irving

    1.07 miles

  • Shell

    1.45 miles

  • Valero

    1.66 miles

  • Sunoco

    1.80 miles

  • Stop & Shop Gas

    1.85 miles

  • Tesla Supercharger

    2.05 miles

  • Cumberland Farms

    2.19 miles

  • Stop & Shop

    2.30 miles

  • Connecticut Park and Ride

    1.00 miles

  • Staff Parking

    2.57 miles

  • Faculty Parking

    2.63 miles

  • Visitor Parking

    2.64 miles

  • Resident Parking

    2.71 miles

  • Courtyard Marriott

    0.24 miles

  • Hampton

    1.96 miles

  • Quality Inn

    2.50 miles

  • Comfort Inn

    5.46 miles

  • Wolcott Inn & Suites

    5.74 miles

  • Econo Lodge

    6.69 miles

  • Residence Inn Southington

    8.02 miles

  • Homewood Suites by Hilton Southington, CT

    8.31 miles

  • Courtyard

    8.39 miles

  • Plymouth Motor Lodge

    8.64 miles

  • TJ Maxx

    0.19 miles

  • Brass Mill Center

    0.77 miles

  • Big Lots

    1.41 miles

  • ALDI

    1.75 miles

  • Walmart

    1.79 miles

  • Stop & Shop

    1.85 miles

  • Target

    1.93 miles

  • Kohl's

    3.84 miles

  • Big Y

    3.89 miles

  • Pat's IGA

    4.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Connor Dunn

Northeast Private Client Group

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