Prospect, CT Commercial Real Estate for Lease and Sale

Explore 15 listings of Prospect commercial real estate to find the best space for your business.

34 Waterbury Road

34 Waterbury Road, Prospect, CT
Property

Retail

6,600 SF
Availability

1 Space

2,400 SF
For Lease

$1,900.00/MO
View Details (opens in new window)
32 Industrial Rd

32 Industrial Rd, Prospect, CT
Property

Industrial

20,000 SF
Availability

1 Space

20,000 SF
For Lease

$2,100.00/MO
View Details (opens in new window)
6 Gramar Ave

6 Gramar Ave, Prospect, CT
Property

Office

6,911 SF
Availability

1 Space

2,100 SF
For Lease

$2,500.00/MO
View Details (opens in new window)
166 Waterbury Road

166 Waterbury Road, Prospect, CT
Property

Office

49,772 SF
Availability

2 Spaces

4,986 SF
For Lease

$22.00/SF/YR
View Details (opens in new window)
80 Waterbury Road

80 Waterbury Road, Prospect, CT
Property

VacantLand

0.64 Acre
For Sale

$125,000
View Details (opens in new window)
45 Austin Road

45 Austin Rd, Pierpont Road, Waterbury, CT
Property

Land

43,560 SF
For Sale

$800,000
View Details (opens in new window)
495-519 Scott Road Condo Portfolio

495-519 Scott Road, Scott Road, Waterbury, CT
Property

Multi-Family

11,204 SF
Year Built

1986
For Sale

$1,315,000
View Details (opens in new window)
±11,311 sf professional office for sublease on the 2nd & 3rd floor

1154 Highland Avenue, Northeast Cheshire, Cheshire, CT
Property

Office
Availability

1 Space

11,311 SF
Year Built

2004
For Lease Contact for pricing
View Details (opens in new window)
Woodhills Cluster

00 Highland Hills, Town Plot, Waterbury, CT
Property

VacantLand
For Sale

$450,000
View Details (opens in new window)
Naugatuck Valley Shopping Center

950 Wolcott Street, Wolcott Road, Waterbury, CT
Property

Retail

233,000 SF
Availability

5 Spaces

32,791 SF
Year Built

2001
For Lease Contact for pricing
View Details (opens in new window)
255 Bank Street

255 Bank Street, Waterbury Central Business District, Waterbury, CT
Property

Office

43,306 SF
Availability

2 Spaces

13,225 SF
Year Built

1986
For Lease

$15.00/SF/YR
View Details (opens in new window)
Waterbury Crossing

425 Bank St, East Farms, Waterbury, CT
Property

Retail

69,104 SF
Availability

1 Space

26,040 SF
Year Built

1998
For Lease Contact for pricing
View Details (opens in new window)
Mattatuck Plaza

650-670 Wolcott Street, Wolcott Road, Waterbury, CT
Property

Retail

146,930 SF
Availability

3 Spaces

45,457 SF
For Lease Contact for pricing
View Details (opens in new window)
Mattatuck Plaza

650 Wolcott Street, Wolcott Road, Waterbury, CT
Property

Retail

146,930 SF
Availability

1 Space

9,512 SF
Year Built

1978
For Lease Contact for pricing
View Details (opens in new window)
63,876 SF Industrial Space

64 Avenue Of Industry, Pierpont Road, Waterbury, CT
Property

Industrial

74,372 SF
Availability

1 Space

63,876 SF
Year Built

1966
For Lease

$6.00/SF/YR
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Prospect commercial real estate market incorporates 56,683 square feet of office space across 2 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Prospect market, there is a total of 20,000 square feet of industrial property.

The listing inventory in Prospect incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Prospect is represented by Industrial space, which accounts for 20,000 square feet of available listings. Office space available in Prospect adds up to 7,086 square feet.

Meanwhile, most of the listings of commercial property for sale in Prospect are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Prospect, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $22 per square foot.

The average size of a commercial property in Prospect depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Prospect, the average size of an office property is 28,342 square feet.
Industrial space in Prospect is in buildings that are, on average 20,000 square feet in size.

Prospect, CT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Prospect currently add up to 27,086 square feet. The market offers 2 active office listing(s), which amount to 7,086 square feet and account for 66% of commercial spaces on the market. Industrial space for rent opportunities in Prospect amount to 20,000 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	7,086
Industrial	1	20,000

Prospect, CT Commercial Real Estate for Lease and Sale

34 Waterbury Road

32 Industrial Rd

6 Gramar Ave

166 Waterbury Road

80 Waterbury Road

45 Austin Road

495-519 Scott Road Condo Portfolio

±11,311 sf professional office for sublease on the 2nd & 3rd floor

Woodhills Cluster

Naugatuck Valley Shopping Center

255 Bank Street

Waterbury Crossing

Mattatuck Plaza

Mattatuck Plaza

63,876 SF Industrial Space

Frequently Asked Questions

Prospect, CT Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Prospect, CT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Prospect, CT?

What factors affect the price of commercial real estate in Prospect, CT?

What are the best areas for commercial real estate in Prospect, CT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Prospect, CT?

Prospect, CT Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us