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$675,000
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Property Description
Discover a rare development opportunity on nearly seven acres with beautiful lake views. Originally designed for use as a restaurant, bar, banquet hall, wedding venue, or special-event space, this unique property offers a spacious layout, attractive features, and significant potential for further development. The main building is currently unfinished, giving the next owner the flexibility to complete and customize the space to fit their vision. The property also features heated flooring and includes numerous building components already in place. In addition, the property includes a covered outdoor event pavilion with restrooms and a kitchen already in place, making it ready to rent for outdoor gatherings, parties, weddings, and special events. This creates excellent potential for immediate income while completing the rest of the property. With its peaceful lake setting, generous acreage, flexible design, and income-producing possibilities, this property could become a waterfront dining destination, banquet hall, entertainment venue, private event space, or another commercial concept. Bring your vision and transform this one-of-a-kind property into something truly special.
Full Property Details
Full Property Details for 355 Lakewood Rd
General
- Sold For: $675,000
- Taxes: (July 2026-June 2027)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24187981
- Added to Site: 66 day(s) ago
Interior
- Flooring: Concrete
Location
- County: New Haven
- Driving Directions: Located at 355 Lakewood Road
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas on Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric Available
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 4,304
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Restaurant
- Year Built: 2017
Lot Features
- Lot Size (Acres): 6.9
- Frontage: Private Road
- Present Use: Restaurant
- Zoning: RL
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $243,110
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1371722
Listed and Sold by Clermont Real Estate, Imtinan Alzaidi
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Schools
Schools serving 355 Lakewood Rd
School District:Waterbury School District
| Name | Grades | Distance |
|---|---|---|
Regan School 2780 North Main Street, Waterbury, CT 06704 | K-5 | 1.1 mi |
North End Middle School 534 Bucks Hill Road, Waterbury, CT 06704 | 6-8 | 1.9 mi |
Wilby High School 568 Bucks Hill Road, Waterbury, CT 06704 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 355 Lakewood Rd
Date
Details
Price
Change
Source
9/02/2026
Sold
$675,000
-10%
MLS
6/30/2026
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
355 Lakewood Road, Waterbury, CT 06704 (MLS# 24187981) is a Commercial property that was sold at $675,000 on September 02, 2026. Want to learn more about 355 Lakewood Road? Do you have questions about finding other Commercial real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.

