255 Bank Street

Off-Market

255 Bank Street, Waterbury, CT 06702

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 43,306 SF
  • Lot Size 0.62 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise
  • Transit Score ®

    58/100 Good Transit
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Waterbury, CT
  • Neighborhood Waterbury Central Business District
  • Zip Code 06702
  • Market Bridgeport New Haven

Points of Interest

  • Waterbury

    0.32 miles

  • Naugatuck

    4.16 miles

  • Beacon Falls

    7.81 miles

  • Irving

    1.21 miles

  • shell

    1.48 miles

  • Valero

    1.69 miles

  • Sunoco

    2.01 miles

  • Stop & Shop Gas

    2.07 miles

  • Tesla Supercharger

    2.14 miles

  • Shell

    2.35 miles

  • Stop & Shop

    2.41 miles

  • Costco Gas

    3.82 miles

  • Cumberland Farms

    4.36 miles

  • Staff Parking

    2.28 miles

  • Faculty Parking

    2.35 miles

  • Visitor Parking

    2.36 miles

  • Resident Parking

    2.43 miles

  • commuter parking lot

    5.77 miles

  • Mixville Parking Lot

    5.82 miles

  • Prospect Town Garage

    5.83 miles

  • Lot B

    6.39 miles

  • Lot A

    6.42 miles

  • Farmington Canal Linear Trail Parking

    7.55 miles

  • Courtyard Marriott

    0.05 miles

  • Quality Inn

    2.66 miles

  • Econo Lodge

    6.93 miles

  • The Milestone Inn

    8.61 miles

  • Courtyard

    8.67 miles

  • Cheshire Welcome Inn

    8.85 miles

  • DoubleTree by Hilton Hotel Bristol

    9.65 miles

  • Subway

    0.10 miles

  • The Art of YUM

    0.11 miles

  • Buffalo Wild Wings

    0.52 miles

  • Chipotle

    0.55 miles

  • McDonald's

    0.56 miles

  • KFC

    0.60 miles

  • McDonald's

    0.74 miles

  • Los Garcia

    0.77 miles

  • Jake’s Wayback Burgers

    1.11 miles

  • Muyri Indian Bistro

    1.11 miles

  • Post University

    0.12 miles

  • Maloney Interdistrict Magnet School

    0.22 miles

  • Waterbury Arts Magnet School

    0.22 miles

  • University of Connecticut Waterbury

    0.29 miles

  • State Street School

    0.31 miles

  • Ecole Saint Anne School

    0.33 miles

  • Merriman School

    0.55 miles

  • Waterbury Adult Education Program

    0.63 miles

  • Yeshiva K’tana of Waterbury

    0.68 miles

  • Saint Francis Xavier School

    0.68 miles

  • Bucks Hill Pre-K

    3.45 miles

  • The Stork Club

    7.69 miles

  • CAST Preschool and Childcare Center

    8.74 miles

  • Educational Playcare

    9.43 miles

  • Queen of the Apostles Education Center

    9.53 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 10 Sep, 2002
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Waterbury

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Waterbury Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $20.77
  • 2021 Office Vacancy Rate 13.68%
  • 2021 Office Completions (SF)
View more Waterbury market trends

Frequently Asked Questions

What is the total square footage of 255 Bank Street?

255 Bank Street totals 43,306 square feet.

When was this property built?

255 Bank Street was built in 1986.

When was 255 Bank Street last sold?

255 Bank Street was last sold on 10 Sep, 2002.

What is the property tax for 255 Bank Street?

The property tax for 255 Bank Street in 2022 was $115,868.

What is the market value for 255 Bank Street?

The market value* for 255 Bank Street in 2022 was $2,749,128.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Property Tax in 2022 $115,868
  • Market Value* $2,749,128
  • Assessed Value $2,749,128

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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