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.

80 Waterbury Road

80 Waterbury Road, Prospect, CT
Property

VacantLand

0.64 Acre
For Sale

$125,000
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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
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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
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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
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344 Reidville Drive

344 Reidville Drive, Reidville Industrial Park, Waterbury, CT
Property

Retail

112,164 SF
Availability

1 Space

1,375 SF
Year Built

1994
For Lease

$20.00/SF/YR
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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

$1,255,000
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45 Austin Road

45 Austin Rd, Pierpont Road, Waterbury, CT
Property

Land

43,560 SF
For Sale

$800,000
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495 Scott Road Waterbury

495 Scott Road Waterbury, Scott Road, Waterbury, CT
Property

Multi-Family

20,000 SF
Year Built

1987
For Sale

$2,950,000
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986 S Main St

986 S Main St, South Cheshire, Cheshire, CT
Property

Office

4,756 SF
Availability

1 Space

4,756 SF
Year Built

2017
For Lease

$2,400.00/MO
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Mattatuck Plaza

650 Wolcott Street, Wolcott Road, Waterbury, CT
Property

Retail

146,930 SF
Availability

2 Spaces

41,562 SF
Year Built

1978
For Lease Contact for pricing
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Retail Development Opportunity at Traffic Signal

330 S Main St, Cheshire Village, Cheshire, CT
Property

Office

8,054 SF
Availability

1 Space

6,400 SF
Year Built

1974
For Lease

$20.00/SF/YR
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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
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Retail Development Opportunity at Traffic Signal

330 S Main St, Cheshire Village, Cheshire, CT
Property

Office

8,054 SF
Year Built

1974
For Sale

$1,750,000
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680 S Main St

680 S Main St, Cheshire Village, Cheshire, CT
Property

Office

21,397 SF
Availability

3 Spaces

5,400 SF
Year Built

2004
For Lease

$2,200.00/SF/YR
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625 Plaza

625 Wolcott Street, Wolcott Road, Waterbury, CT
Property

Retail

88,108 SF
Availability

1 Space

1,000 SF
Year Built

1987
For Lease

$1,200.00/SF/MO
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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 6,911 square feet of office space across 1 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. The Prospect commercial real estate market includes 6,600 square feet of retail space in a variety of settings.
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. Retail space available in Prospect adds up to 2,400 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 $14.29 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 6,911 square feet.
Retail properties here incorporate an average of 6,600 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 24,500 square feet. The market offers 1 active office listing(s), which amount to 2,100 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 2,400 square feet across 1 retail space(s). 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	1	2,100
Retail	1	2,400
Industrial	1	20,000

Prospect, CT Commercial Real Estate for Lease and Sale

80 Waterbury Road

34 Waterbury Road

32 Industrial Rd

6 Gramar Ave

344 Reidville Drive

495-519 Scott Road Condo Portfolio

45 Austin Road

495 Scott Road Waterbury

986 S Main St

Mattatuck Plaza

Retail Development Opportunity at Traffic Signal

63,876 SF Industrial Space

Retail Development Opportunity at Traffic Signal

680 S Main St

625 Plaza

Frequently Asked Questions

Prospect, CT Currently Available Listings

Commercial Space for Lease Breakdown

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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

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