Mall View Plaza, a 66,000 SF retail shopping center on 9 acres at 117 Sharon Rd in Waterbury, sold in a closed transaction handled by Commercial Connection. The total building footprint exceeds 91,000 SF including back-of-house and circulation, with 420 surface parking spaces and CA (Commercial Activity) zoning supporting a wide range of retail, entertainment, and large-format uses.
Built in 1999, the center sits directly behind the Stop & Shop and Staples-anchored plaza on Wolcott St (Route 69), one of Waterbury’s highest-traffic and most-shopped commercial corridors. Daily traffic on Wolcott St runs 25,000+ AADT. The center has historically housed entertainment and large-format tenants, including the former Apple Cinema (34,000 SF) and Chuck E. Cheese, with tenant rotations creating both stabilized cash flow and value-add lease-up opportunity at sale.
Location: the Sharon Rd / Wolcott St node is the dominant retail concentration in East Waterbury, anchored by national grocery, big-box office supply, full-service restaurant, and entertainment tenants. The site is approximately two miles from I-84 Exit 23, easily accessible from the dense East Waterbury, Wolcott, and Cheshire trade areas. Waterbury’s citywide population exceeds 116,000 and the 5-mile trade area includes a working- and middle-class consumer base with strong everyday-needs and value-retail demand.
Use and zoning context: CA zoning permits retail, restaurant, entertainment, fitness, medical, and large-footprint specialty uses. The 9-acre footprint, 420 surface spaces, and large interior bays make the property well-suited to entertainment redevelopment (cinema, family entertainment center, indoor sports), grocery, off-price apparel, fitness, or medical office consolidation.
Brokered by Commercial Connection, Connecticut commercial real estate. Inquire about active Greater Waterbury retail center, anchored plaza, or value-add shopping center opportunities.
Retail operators evaluating Waterbury benefit from 66 SF at 117 Sharon Rd, supported by direct road frontage and signage visibility from passing traffic. The space suits inline retail, single-tenant operators, or destination retail concepts that draw from a regional trade area. On-site parking covers 420, sufficient for daily turnover and peak shopping windows. Highway access (I-84, ~2 mi to Exit 23 (Hamilton Ave)) keeps regional shoppers within an easy drive.
Mixed-use buyers and tenants in Waterbury can pair retail, office, or service uses on a single parcel at 66 SF at 117 Sharon Rd. Zoning (CA (Commercial Activity)) supports stacked or side-by-side commercial occupancy without variance. The site suits owner-users who want to combine income from multiple tenants with their own operating space. Shared parking (420) handles the combined customer and staff load.
Special-purpose buyers evaluating Waterbury can put 66 SF at 117 Sharon Rd to work for fitness, daycare, religious, educational, or institutional use. The combination of building footprint and parking capacity supports programs that draw from a wide regional catchment.
Nearby Anchors & Retailers
Waterbury is the largest city in central Connecticut, with 114,000 residents and a regional draw that pulls from Naugatuck, Wolcott, Watertown, Middlebury, and Cheshire. The city sits at the I-84 / Route 8 interchange, one of the most heavily-trafficked intersections in the state, making any commercial property here a play on regional traffic counts as much as local ones. Storefronts, medical offices, and industrial flex space all see strong absorption.
3-Mile Radius
Waterbury (06705) East End: 5-mile trade area population approx 200,000+; East Waterbury / Wolcott St node is the city's dominant retail concentration with large daily shopper draw.
Growth Indicators
East Waterbury / Wolcott St remains the city's most-shopped retail node; ongoing tenant rotation supports value-add reinvestment and adaptive-reuse of the former cinema box.
Waterbury, CT is a growing market for retail commercial real estate, with storefronts, strip centers, and standalone retail buildings available for lease and sale. Retail space in Waterbury benefits from strong traffic counts, established consumer demographics, and proximity to major Connecticut highways. Whether you're looking for a turnkey restaurant space, a neighborhood shopping center pad, or a freestanding retail building, Waterbury's commercial real estate market offers opportunities for businesses of all sizes.
Commercial Connection specializes in retail properties across Waterbury and surrounding communities in the 06705 area. Contact John Famiglietti at 203-596-7777 to discuss retail space availability, lease terms, and market conditions in Waterbury, Connecticut.
Or call directly: 203-596-7777
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