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$850,000

  • For Sale
  • Active
  • Commercial
See This Home
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Rare opportunity to acquire a prominent mixed-use investment property offering both immediate income and significant value add potential. The ground floor is occupied by two established commercial tenants with strong leases in place, providing stable cash flow. The upper three floors are currently empty and present an exceptional redevelopment opportunity, with the highest and best use being conversion to residential apartments. The building features a welcoming vestibule entrance, a fully operable and serviced elevator providing access to all levels, and a recently installed EPDM roof. Investors and developers will appreciate the combination of existing income, substantial upside through residential conversion, and major building improvements already completed. Whether seeking a long-term investment, redevelopment project, or mixed-use asset with future growth potential, this property offers a unique opportunity in a highly desirable location.

Full Property Details for 68 Center St

General

  • Price: $850,000
  • Taxes: (July 2026-June 2027)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24186392
  • Updated: 8/16/2026
  • Added to Site: 55 day(s) ago

Interior

  • Interior Features: Elevator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Half Bathrooms: 2

Location

  • County: New Haven
  • Driving Directions: Per GPS

Heating & Cooling

  • Cooling Type: Central Air, Split System
  • Heating Type: Hot Air, Electric, Gas In Street
  • Heating Fuel: Electric, Gas In Street

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas

Structural Information

  • Roof: EPDM Synthetic Rubber
  • Amps: 600
  • Stories/Levels: 4
  • Stories in Building: 4
  • Square Feet: 14,496
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Commercial & office
  • Year Built: 1895

Unit Information

Unit 1

  • Unit Description: Retail
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Unit 2

  • Unit Description: Retail
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.08
  • Frontage: Municipal Street
  • Present Use: Commercial & office
  • Potential Use: Highest & best use would be apartments
  • Zoning: CBD
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $435,190
  • Tax Year: July 2026-June 2027

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1383010

Listed by Vanguard Private Client Grp, Natalie Zoef and Vanguard Private Client Grp, Andrew Stein

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Listing agents

— 68 Center St —

  • Natalie Zoef

    Vanguard Private Client Grp

  • Andrew Stein

    Vanguard Private Client Grp

Agent Contact: (860) 882-8784 Office Contact: (203) 887-2553

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 68 Center St

School District:Waterbury School District
NameGradesDistance
Hopeville School
2 Cypress Street, Waterbury, CT 06706
K-51.5 mi
West Side Middle School
483 Chase Parkway, Waterbury, CT 06708
6-81.3 mi
John F. Kennedy High School
422 Highland Avenue, Waterbury, CT 06708
9-121 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 68 Center St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$850,000
58.88%
MLS
4/27/2023
Sold
$535,000
—
Public Record
Get Price Alerts and Save Property
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 for 68 Center St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,575
-9%
$435,190
—
2023
$21,516
-9%
$435,190
—
2023
$23,583
-21%
$435,190
-12%
2022
$29,835
—
$495,520
—
2021
$29,835
—
$495,520
—
2020
$29,835
—
$495,520
—
2019
$29,835
—
$495,520
—
2018
$29,835
42%
$495,520
42%
2017
$21,025
—
$349,200
—
2016
$21,025
3%
$349,200
—
2015
$20,330
2%
$349,200
—
2011
$19,897
—
$349,200
—
View All
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 for 68 Center St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Vanguard Private Client Grp, Natalie Zoef and Vanguard Private Client Grp, Andrew Stein

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68 Center Street, Waterbury, CT 06702 (MLS# 24186392) is a Commercial property. 68 Center Street is currently listed for $850,000 and was received on June 24, 2026. Want to learn more about 68 Center 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.

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