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Middlebury, CT 06762

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128 Cedar Avenue, Waterbury, CT 06705

128 Cedar Ave, Waterbury, CT 06705, USA
$5,650,000

Description

Matthews Commercial Properties is pleased to offer the exclusive opportunity to acquire 128 Cedar Ave., Waterbury, CT. This property, formerly known as Waterbury Gardens Nursing and Rehabilitation Center, operated as a 150-bed nursing home. The building, constructed in 1970 on a 2.59 acre lot in a residential setting, is being sold vacant and unlicensed. Designed perfectly for healthcare use, the facility is well-suited to operate as a Residential Care Home or an Assisted Living Facility. The two-story structure spans 45,768 square feet and boasts a lower level featuring a spacious commercial kitchen, a laundry room with industrial machines, a staff kitchen, and a meticulously maintained HVAC system. The lower level also has a fully equipped fitness rehabilitation center and a hair salon. The first and second floors host resident rooms, dining areas, lounges, bathrooms, and state-of-the-art bath and shower facilities. 128 Cedar Ave. is conveniently located just 1.2 miles from I-84, also in close proximity to Waterbury Hospital and St. Mary’s Hospital. The peaceful residential setting creates an appealing environment for staff and residents.

 

  • 45,768 SF +/- Building
  • Formerly Licensed 150 Bed Nursing Home (18 Quads and 39 Doubles)
  • Fully Equipped Commercial Kitchen with Walk-in Coolers
  • On-site Laundry (4 UniMac Washers & 4 Commercial Dryers)
  • 2 Elevators- Newer Control Panel
  • Well- Maintained HVAC Mechanicals
  • 3 A.O. Smith Hot Water Heaters
  • 500 HP Cleaver Brooks Firetube Boiler
  • Cummins Diesel Generator
  • Wet Sprinkler System

 

 

BUILDING
Total SF 45,768 SF +/-
Exterior Construction Brick
Roof Rubber
Interior Construction Drywall/ Sheetrock/ Vinyl/ Tile
Year Built 1970
Ceiling Height 9’
Parking Large Fenced Lot – 43,452 SF
Zoning RL
PROPERTY
Lot Size 2.59 Acres
Distance to I-84 1.2 Miles
MECHANICALS & UTILITIES
Heat Source/ Type Gas- Forced Air
A/C 100% Central
Electric Eversource
Sewer City
Water City
Sprinkler Wet System
Elevator
TAXES
Annual Taxes $459,440.10
Taxes PSF $10.04

Property Documents

  • 128 Cedar Ave., Waterbury, CT
  • Address: 128 Cedar Avenue
  • City: Waterbury
  • State/county: Connecticut
  • Zip/Postal Code: 06705
  • Country: United States

Detail

Updated on January 11, 2024 at 2:04 pm

  • Property ID: MCP-7323
  • Price: $5,650,000
  • Property Size: 45768 S/F +/-
  • Land Area:2.59 acres+/-
  • Bedrooms: 57
  • Property Type: Hospitality Senior Living
  • Property Status: For Sale

Contact info

Gerry Matthews – Broker
Gerry Matthews – Broker

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