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Listed price in listed location currency (USD).
$4,500,000

0151

MLS® 24166907

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Lease
Size -
Garage 
Date Available 
Days Active 0
Lot Size 
Approx. Age 2016
MLS® Number 24166907

Property Address: 96 Grove St, Waterbury, CT, 06710-2311

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number24166907
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2016
Basement
DrivewayPaved, Parking Lot, On Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Apr 23, 2026List Date
$4,500,000List Price
Jun 23, 2023End Date
$10Sold Price

Leased

Apr 1, 2026List Date
$12List Price
  • Commute

Commute

Starting Address
Destination Address
96 Grove St, Waterbury, CT

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