Investment opportunity at 872 Bank Street, Waterbury. This six-unit commercial property is 100% occupied, offering an established and stable income stream. The majority of the units are occupied by long-term tenants, demonstrating tenant retention and providing added stability for a new owner. The property also benefits from separate, tenant-paid utilities, helping minimize operating expenses and providing an efficient ownership structure. Positioned along the well-traveled Bank Street commercial corridor, the property offers strong visibility with an estimated 11,300 vehicles per day and convenient access to I-84, Route 8, Downtown Waterbury, and surrounding commercial districts. The location provides excellent connectivity throughout Greater Waterbury and the surrounding region. The Bank Street corridor features a mix of established retail, service businesses, residential density, and commercial uses, supporting consistent local activity and exposure. On-street parking serves the property. With 100% occupancy, a predominantly long-term tenant base, tenant-paid utilities, and a highly visible location, this building offers an attractive opportunity for an investor seeking a stabilized commercial asset with immediate cash flow. One or more of this property's owners is a Real Estate Licensee.
Brooklyn, located between Downtown Waterbury and the Naugatuck River corridor, is a residential and industrial Waterbury neighborhood with hillside streets and brick mill backdrops. The neighborhood’s character concentrates around East Main Street near the Waterbury Green, where corner delis, small storefronts, and bus stops set a steady street rhythm. Housing stock mixes early-20th-century multifamily homes with compact single-family houses on tight lots. Long sightlines toward the river and rail infrastructure give the area a working-city geography. Nearby cultural anchors such as the Palace Theater and the Mattatuck Museum add an arts-and-history counterpoint to the utilitarian streetscape. Parks and civic spaces like Library Park and Fulton Park frame everyday routines with tree-lined paths and open lawns.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
6 total rooms
Full, unfinished basement
Heating & cooling
Radiant heat
Natural gas hot water
Exterior features
Corner, level lot
Nearby: medical facilities, park, public recreational facilities, public transportation, shopping/mall
Located at the corner of Bank and Congress
Home design
Multi-family property (5+ units)
Construction
Brick construction
Brick/masonry foundation
Tan/pink exterior
Flat roof
Utilities
Public water connection
Public sewer connection
Natural gas for heat and hot water
Financial info
Assessed value reported
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Multi-Family (5+ Unit)
County
New Haven County
APN
1388530
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Last updated by owner on Aug 10, 2026.
CG
General Commercial District
The CG District is established to provide a mixed-use district similar to the CN District, with higher residential densities. Uses and Conditional Accessory Uses are permitted by Zoning Permit, Special Permit, or Special Exception approval as provided in Article 11 of these Regulations.
Historical weather
Waterbury, CT • 06708
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Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Waterbury. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 872 Bank St
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