Listing courtesy of Hitomi Batista (203) 707-6615, Titanium Real Estate Group,LLC (203) 527-0589
96 Grove Street, Waterbury, (Hillside), CT, 06710
0 beds
1 Half baths
2016
17,180 sqft
The property located at Grove St & Cook St is a prime grocery-anchored investment opportunity featuring a brand-new Food Universe supermarket under a 25-year lease through July 15, 2048, providing long-term, stable cash flow. Food Universe is backed by Key Food Stores Co-operative Inc., a nationally recognized grocery operator with a strong network and established credit profile, supporting a highly reliable tenancy. The asset benefits from exceptional visibility and accessibility, positioned on a prominent corner with convenient access to I-84 and Route 8, and features strong site functionality including ample parking (51 spaces) and a loading dock. The surrounding area continues to strengthen, highlighted by a newly completed 44 unit residential development directly across the street, driving built-in customer traffic. Additionally, the property is located within both a federally designated Opportunity Zone and an Enterprise Zone, offering potential tax incentives and enhanced after-tax return potential. Overall, the asset offers a compelling combination of long-term contractual income, strong tenant credit support, prime visibility, and public incentive benefits in a growing supermarket. Site Plans available upon request.
Status:
Active
Town:
Waterbury
Type:
Commercial
Zoning:
CG
Frontage:
Interstate Highway,U.S. Highway,State Road
Garage:
Paved, Parking Lot, On Street Parking
Heating:
Gas on Gas
Cooling:
None
Parking:
51-car
Acreage:
1.04
Est. Taxes:
$48,725
Assessment
$1,083,250
Current Use
Supermarket
Permitted Use
Supermarket, Retail Office etc
Utilities
Electric,Gas
Lot Description:
Corner Lot
Days on Market:
31
MLS #:
24166907
Community Info
School Info
Walk Score
Mass Transit
Yelp
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