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September 13, 2024

21-unit downtown Waterbury apartment building, retail property fetch nearly $2M; new residential units eyed

Contributed The retail and storage building at 317 East Main St. in downtown Waterbury (left) and a neighboring 21-unit apartment building at 325 East Main St. recently sold for nearly $2 million.
By Michael Puffer

A 21-unit apartment building and a neighboring retail property in downtown Waterbury recently sold for nearly $2 million.

Through a deed recorded Sept. 9, Wayne, New Jersey-based Klamke Trading Waterbury LLC paid $1.97 million for a 1938-vintage, four-story brick apartment building at 325 East Main St., and a neighboring 124-year-old, 3,712-square-foot retail and storage building at 317 East Main St. 

The principal of the seller – 325 East Main Street LLC – is Kim Opperman, of West Hartford.

The properties last sold in 2015 for $825,000, according to city assessor’s records.

The new owner is converting a portion of 317 East Main St. into three efficiency apartments, said Amanda Faroni-Sheehan, a broker with Oxford Realty Group. Faroni-Sheehan acted as broker for both the buyer and seller. 

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