Industrial Properties in Waterbury, Connecticut, offer a unique investment opportunity for those looking to capitalize on the city's rich industrial history and strategic location. As a hub for manufacturing, education, and healthcare, Waterbury provides a diverse range of industries and major employers, including Waterbury Hospital, Webster Bank, Post University, and the City of Waterbury. Industrial Properties in Waterbury can represent a variety of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. The city's infrastructure, including Interstate 84 and Route 8, provides easy access to major transportation hubs, making it an ideal location for businesses that rely on the movement of goods and people. Additionally, Waterbury's amenities, such as the Mattatuck Museum Arts and History Center, Municipal Stadium, and the Brass Mill Center shopping venue, make it an attractive location for businesses and residents alike. With its strong educational institutions, including Naugatuck Valley Community College, Post University, and Western Connecticut State University, Waterbury is a great place for business and travel, with attractions like Holy Land USA and the Palace Theatre drawing visitors from across the region.
With 7 Industrial Properties for sale in Waterbury, there are plenty of opportunities to find the right investment for your needs. Waterbury's Industrial Properties offer a range of characteristics, from modern facilities with state-of-the-art equipment to historic buildings with unique architectural features. The city's location, approximately 33 miles southwest of Hartford and 77 miles northeast of New York City, makes it an ideal location for businesses that need to access major markets. In addition to Industrial Properties, Waterbury also offers a range of other property types, including Warehouses, with their flexible storage and distribution spaces; Land, perfect for development or redevelopment; Apartment Buildings, providing a steady stream of income; and Commercial Real Estate, offering a range of retail and office spaces. Whether you're looking to invest in a single property or a portfolio of properties, Waterbury has something to offer. With its strong economy, rich history, and diverse range of industries, Waterbury is a great place to invest in Industrial Properties.
What is the average price per square foot for industrial properties in Waterbury?
The average price per square foot for industrial properties in Waterbury is $116 USD.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Waterbury, Connecticut, as they impact the ease of doing business, accessibility to markets, and overall operational efficiency.
- Proximity to major highways, such as I-84 and Route 8, can increase property values due to the convenience of transporting goods and supplies, with properties near these transportation hubs potentially commanding higher prices.
- Access to public transportation, including the Metro-North Railroad station, can also boost property values by providing employees with convenient commuting options, which can lead to increased productivity and reduced turnover rates.
- In addition, properties located near key infrastructure components, such as the Waterbury-Oxford Airport and the Hartford-New Britain Busway, may be more attractive to businesses that rely on air cargo or frequent shipments, driving up property values in these areas.
