Associate Broker

Nick Longo brings more than 30 years of real estate experience to his role at Matthews Commercial. Before transitioning to the commercial sector, he achieved notable success in residential real estate, completing over 100 home sales. Today, Nick focuses on leasing and selling commercial, industrial, and investment properties throughout the Greater Waterbury area, while also managing more than 50,000 square feet of retail and office space across Waterbury, Wolcott, and Manchester. A long-standing 25-year member of Profnet of Waterbury, he is also an accomplished musician who has toured extensively across the U.S. and Europe. Nick currently resides in Waterbury.

Location Amenities

37 Chase For Sale and Lease 9102025.pdf

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60 Scott Road Prospect CT 08192025 4.pdf

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Unit Amenities

129 Union City Rd Flyer.pdf

This ±4,980-square-foot freestanding commercial building is situated on approximately 1.00 acre and offers a versatile opportunity for a variety of commercial uses. Previously operated as a licensed child care facility, the property was approved for a capacity of up to 84 children, including 32 under the age of three, making it well-suited for educational, childcare, community service, or other business-related applications.

Located within a Business-zoned district, the property features a wet sprinkler system and benefits from excellent visibility and accessibility along Route 68. Its standalone configuration, ample site area, and strong roadway exposure provide flexibility for owner-users, investors, or organizations seeking a well-positioned commercial asset with existing infrastructure and potential for adaptive reuse.

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982 Rubber Ave Flyer.pdf

This offering presents the opportunity to acquire a ±5,100-square-foot freestanding commercial building situated on approximately 2.49 acres along Naugatuck’s primary retail corridor. Surrounded by a diverse mix of national, regional, and local retailers, the property benefits from strong visibility and convenient access within an established commercial area. Zoned R15, the site offers potential future redevelopment or apartment conversion opportunities, subject to applicable zoning requirements and municipal approvals.

Currently configured as a fully leased two-unit retail investment, the property generates stable in-place income through month-to-month leases. Both tenants are responsible for their own utilities, which are separately metered, minimizing landlord operating responsibilities. The property produces annual gross income of approximately $51,336 and a net operating income (NOI) of $35,157 after accounting for taxes, insurance, landscaping, and snow removal expenses.

Offered at an asking price of $499,000, the asset presents an attractive opportunity for both investors seeking immediate cash flow and owner-users interested in a well-located commercial property with future repositioning potential. The combination of existing income, substantial land area, and redevelopment flexibility enhances the property's long-term investment appeal.

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Matthews Commercial Properties, LLC

Commercial Brokers

Active Listings

Matthews Commercial Properties, LLC - Commercial Real Estate Brokerage

Matthews Commercial Properties, LLC

Commercial Brokers

Active Listings