21 Holmes Avenue

Description

Step into history in the heart of downtown Waterbury and make it your own. This distinctive property offers a rare opportunity to own a piece of the city's past while creating your future. Whether you're envisioning a professional office, boutique business, or a unique live/work concept, the possibilities are endless. Surrounded by the energy of downtown and rich local heritage, this space is ready to support your next chapter. Own history, build your vision, and call this property home sweet home. Zoned commercial yet recognized as mixed use, this property allows for residential conversion, offering exceptional flexibility and income potential. The current layout features office space along with 2 one-bedroom apartments on the third floor, providing an immediate cash-flow opportunity with additional upside. The second floor offers versatile options, suitable for conversion to a 4-bedroom apartment or 2 separate office suites, allowing investors or owner-users to expand, reconfigure, or reposition the space to meet their vision. Additional features include 5 covered bay garages, plus both off-street and on-street parking for added convenience. Recent updates include all new electrical panels (1/26), fresh interior paint, architectural ceilings, chimney repointed within the last 10 years, a roof approx 10 years old, a recently rebuilt heating system, forced hot air heat, updated water line, LED recessed lighting, and on-demand hot water. A unique mixed-use investment in a prime downtown location with character, modern improvements, and multiple use opportunities. Situated within a designated Enterprise and Opportunity Zone in the City of Waterbury's central business district which allows for wide range of uses including commercial and residential. Buyer to do own due diligence to verify potential uses and conversion.