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$ 15,000
Active
1387 Watertown Avenue Waterbury, CT 06708
3,500 SqFt
UPDATED:
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