Waterbury, CT 06708,1387 Watertown Avenue
Waterbury, CT 06708,1387 Watertown Avenue
Waterbury, CT 06708,1387 Watertown Avenue
Waterbury, CT 06708,1387 Watertown Avenue
Waterbury, CT 06708,1387 Watertown Avenue
Waterbury, CT 06708,1387 Watertown Avenue
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$ 15,000

3,500 SqFt


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$ 15,000
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3,500 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 3,500 sqft

MLS Listing ID 24065334

Year Built 2020

Lot Size 1.890 Acres

Property Description

(COMMISSION AGENT LEASE OFFERING) This modern gas station and 3,500-square-foot convenience store is located on a high-traffic corridor in Waterbury, CT, with approximately 16,300 vehicles passing daily. The property features six fueling pumps with 12 dispensers, including diesel, and a convenience store recently expanded to include a walk-in humidor and a fully renovated interior. A dedicated deli/quick service restaurant (QSR) space, equipped with a hood, grill, fryers, hot cases, and a TurboChef oven (valued at approximately $50,000), offers flexibility for the tenant to utilize the space or sublease it for an additional income. An LOI for $3,500 per month is already in place, contingent on the new tenant's approval. Lease terms include $450,000 key money, a 10-year lease, and a $0.05 commission per gallon. The property is scheduled to rebrand from Citgo to an unbranded station in August 2025, creating a significant opportunity to increase both fuel and in-store sales. This turn-key operation, with its prime location, modern amenities, and growth potential, is an ideal opportunity for an experienced operator looking to maximize profitability. Prospective tenants must sign a Non-Disclosure Agreement (NDA) with the listing agent before the property address and additional details can be disclosed.

Location

State CT

County New Haven

Zoning CA

Interior

Heating Hot Air

Cooling Split System

Exterior

Utilities Available Electric, Telephone, Cable

Roof Type Asphalt Shingle

Building

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Islam Ahmad • Regency Real Estate, LLC
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1387 Watertown Avenue