
96 GROVE ST, WATERBURY CT 06710
96 Grove St, Waterbury, CT 06710, USA
FOR SALE
$4,500,000
Property Description
[FOR SALE]
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.
Property Details
Property Type
FOR SALE: SUPER MARKET
Zoning
CG
Size
17,185 sqft (+/-)
Floors
2
Property Location
96 Grove St, Waterbury, CT 06710, USA

















