158 Grand Street | Waterbury N/A

$825,000 | 2 Baths (2 Half) | 11,592 Sq. Ft.

Rare value add and development opportunity with approvals already in place. This commercial building comes with approved architectural plans, MEPs, and civil survey for a mixed-use redevelopment consisting of commercial space on the ground floor and 10 residential apartments above. The approved unit mix includes 2 studios, 7 one-bedroom units, and 1 two-bedroom unit. Located in a desirable area with strong rental demand, this spacious building offers investors and developers the chance to bypass much of the entitlement process and move directly toward construction. The hard work of obtaining approvals has already been completed, creating a significant advantage for the next owner. Whether you're looking to expand your portfolio, capitalize on the growing demand for mixed use properties, or develop a long term income producing asset, this property presents an exceptional opportunity. Bring your vision and construction team this project is primed for transformation and positioned to deliver substantial upside upon completion. SmartMLS 24186496

Directions to property: Per GPS

MLS Listing ID: 
SmartMLS 24186496
Building Details
Details about the building on a property.
Year Built: 
1900
Living Area: 
11,592
Construction
Roof: 
EPDM Synthetic Rubber
Room Details
Details about the rooms in the building.
Total Rooms: 
0
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
2
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water
Heating System Fuel: 
Other
Cooling System: 
None
Water Source: 
Public Water Connected
Sewer: 
Public Sewer Connected
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Waterfront: 
0
Public Record
Parcel Number: 
1383048
Annual Tax: 
$8,904.00
Property Zoning: 
CBD
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
6/24/2026
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Natalie Zoef
Listing Office Name: 
Vanguard Private Client Grp