155 Thomaston Avenue – Waterbury CT

The Center of Greater Waterbury, formerly Colonial Plaza, is a 224,810 SF anchored retail and flex property on Thomaston Avenue, owned and managed by Cornerstone since 2022. Anchored by Cherry Valley Market and Deals on Wheels, the tenant roster also includes Dunkin’, Taco Bell, Wendy’s, Avis Budget, Dr. Dental, Metro by T-Mobile, and Empire Wine and Liquor.

Zoned CA, the property accommodates retail, restaurant and food service, medical, office, automotive, building supply, contractor operations, flex, and light industrial or warehouse use. Available units start at 900 SF, with adjacent spaces combinable and pad sites available. The site sits less than one mile from I-84 and Route 8, with 1,200 parking spaces, high-visibility pylon signage, and 24 hour surveillance tied directly into the Waterbury Police Department Real Time Crime Center.

The Center of Greater Waterbury

Address:
155 Thomaston Avenue
Waterbury, CT 06702
Availability:
±912 SF to ±34,517 SF Available for Lease
Pad Sites Available

Property Highlights

  • Locally ownced since 2022
  • Ideal for retail, medical, flex, office, light industrial, contractors, automotive services, and warehousing
  • Less than one mile from I-84 and Route 8
  • High-visibility pylon signage available
  • Multiple spaces can be combined
  • 1,200-space parking lot
  • Thomaston Avenue: 10,251 AADT
  • W Main Street: 15,232 AADT
  • Route 8: 77,676 AADT

Proven Tenant Mix

  • Dunkin’
  • Taco Bell
  • Wendy’s
  • Avis / Budget
  • Dr. Dental
  • Metro by T-Mobile

Anchor Tenant Spotlight: Cherry Valley Marketplace

Founded in 2012, Cherry Valley Marketplace is a New York-based independent supermarket chain serving Manhattan, the Bronx, Brooklyn, Queens, Yonkers, Long Island, and Connecticut. The company built its brand on community-focused, guest-style service — treating every customer like a guest walking into their home — with product offerings that emphasize inclusivity and health-conscious variety, including dedicated sugar-free, gluten-free, soy-free, and no-high-fructose-corn-syrup selections throughout the store. The Waterbury location recently expanded to ±56,900 SF.

Building Features

  • Total SF: 224,810
  • Available SF: ±133,000
  • Construction: Composite Build Up
  • Year Built: 1960
  • Restrooms: Yes
  • Sprinklers: Yes
  • HVAC / AC: Yes, Central

Utilities

  • Heat: Gas, Hot Air
  • Electric: Eversource
  • Water and Sewer: Public

Zoning and Use Flexibility

Zoned CA, allowing retail, restaurant, food service, automotive, building supply, contractor operations, medical practices, flex space, offices, and light industrial or warehousing.

Security

Full 24/7 surveillance tied directly into the Waterbury Police Department Real Time Crime Center (RTCC).

Demographics

Radius Population Households Avg Household Income Daytime Employees
1 Mile 21,631 8,791 $64,623 16,158
3 Miles 111,777 43,922 $76,906 41,959
5 Miles 177,721 73,073 $93,199 66,233

Leasing Flyer

View or Download the Leasing Flyer (PDF)

Photo & Video Gallery

FOR LEASE | ±912 SF to ±34,517 SF Available

Contact Information

Ryan Bessette
Leasing Representative, Cornerstone Realty, Inc.
Email: rbessette@cmcict.com
Phone: 203-597-0400

Contact us about this property