$5M sale closes on newly built Caliber Collision property in Waterbury

According to the Hartford Business Journal, a newly constructed 12,096-square-foot Caliber Collision repair shop at 1200 Wolcott St. in Waterbury was sold for $5 million. The building, developed by Calito Development Group, replaced a former car dealership that the company purchased for $1.18 million and demolished last year. The property is covered under a seven-year tax break that initially sets its appraised value at $691,600 before gradually increasing to $1.2 million.

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