158 Grand Street, Waterbury, CT 06702 (MLS # 24186496)

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PRICE $825,000 dsIDX morgage calculator
SIZE 11,592 sqft
LOT SIZE 3,921 sqft

Rare value add and development opportunity with approvals already in place. This commercial building comes with approved architectural plans, MEPs, and civil survey for a mixed-use redevelopment consisting of commercial space on the ground floor and 10 residential apartments above. The approved unit mix includes 2 studios, 7 one-bedroom units, and 1 two-bedroom unit. Located in a desirable area with strong rental demand, this spacious building offers investors and developers the chance to bypass much of the entitlement process and move directly toward construction. The hard work of obtaining approvals has already been completed, creating a significant advantage for the next owner. Whether you're looking to expand your portfolio, capitalize on the growing demand for mixed use properties, or develop a long term income producing asset, this property presents an exceptional opportunity. Bring your vision and construction team this project is primed for transformation and positioned to deliver substantial upside upon completion.

DAYS ON MARKET 2 LAST UPDATED 6/24/2026
YEAR BUILT 1900 COUNTY New Haven
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR None
CONSTRUCTION Brick, Frame
HEAT Hot Water
LOT 3920 sq ft
LOT DESCRIPTION Level
SEWER Public Sewer
TAXES 8904
WATER Public
ZONING CBD
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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