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$1,200,000 Just Listed
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Property Description
Commercial Investment Opportunity 500 Bank Street, Waterbury, CT. Turnkey 5-Unit Commercial Plaza | 6,582 Sq Ft | 8% Cap Rate Exceptional income producing property located in a prime, high-traffic area of Waterbury. This well-maintained 6,582 sq ft commercial building features five fully leased units with established tenants in place, providing immediate and stable cash flow. Pride of ownership is evident throughout the property. 100% occupied Strong 8% cap rate 10 dedicated parking spaces Heavy foot and vehicle traffic Surrounded by thriving local businesses High visibility location Positioned on busy Bank Street, this plaza benefits from excellent exposure and consistent customer flow. The surrounding commercial activity keeps the area active and growing making this an ideal addition to any investor's portfolio. Don't miss this solid, income generating opportunity.
Full Property Details
Full Property Details for 500 Bank St
General
- Price: $1,200,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24156718
- Updated: 3/1/2026
- Added to Site: 1 day(s) ago
Location
- County: New Haven
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Air, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 6,528
- Sq. Ft. Source: Public Records
- Year Built: 1990
Lot Features
- Lot Size (Acres): 0.6
- Frontage: Municipal Street
- Zoning: CA
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $510,230
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Other
- Property ID: 1386366
Listed by Rosania Melo Broker, Rosania Melo
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Schools
Schools serving 500 Bank St
School District:Waterbury School District
| Name | Grades | Distance |
|---|---|---|
Washington School, Waterbury, CT 685 Baldwin Street, Waterbury, CT 06706 | K-5 | 0.7 mi |
West Side Middle School 483 Chase Parkway, Waterbury, CT 06708 | 6-8 | 1 mi |
John F. Kennedy High School 422 Highland Avenue, Waterbury, CT 06708 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 Bank St
Date
Details
Price
Change
Source
3/01/2026
Listed
$1,200,000
60%
MLS
7/30/2015
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 Bank St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,950
-9%
$510,230
—
2023
$25,226
-9%
$510,230
—
2023
$27,649
-11%
$510,230
-1%
2022
$31,052
—
$515,720
—
2021
$31,052
—
$515,720
—
2020
$31,052
—
$515,720
—
2019
$31,052
—
$515,720
—
2018
$31,052
-7%
$515,720
-7%
2017
$33,522
-5%
$556,750
-5%
2016
$35,286
3%
$586,050
—
2015
$34,120
2%
$586,050
—
2011
$33,393
—
$586,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 Bank St
500 Bank Street, Waterbury, CT 06708 (MLS# 24156718) is a Commercial property. 500 Bank Street is currently listed for $1,200,000 and was received on March 01, 2026. Want to learn more about 500 Bank Street? 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.

