1588 Watertown AveWaterbury, CT 06708
- Retail properties
- 1,680 SF
Property Details for 1588 Watertown Ave
- Year built
- 1964
- Lot size
- 0.36 AC
- Property size (Sq ft)
- 1,680 SF
- Zone code
- CA
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- WBRY M:0096 B:0863 L:0033
- APU
- WBRYM0096B0863L0033
Description
This exceptional 1,680-square-foot retail space is available for lease at 1588 Watertown Avenue in Waterbury, Connecticut. Located in New Haven County, this single-tenant property sits on a 0.36-acre lot and offers significant potential for a variety of commercial uses. Built in 1964, the building is a single-story structure with ample space for retail operations. The property boasts robust electrical service, featuring 3-phase, 400-amp power, ensuring sufficient capacity for most business needs. The zoning designation is CA, providing flexibility for potential tenants. The entire 1,680 square feet is currently vacant, presenting a blank canvas for a new business to establish its presence. The property's location in Waterbury, CT, offers excellent visibility and accessibility, making it an ideal location for attracting customers. This is a rare opportunity to secure a well-located, sizable retail space in a thriving Connecticut market. The property's size and power capabilities make it suitable for a wide range of retail businesses. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The zip code is 06708.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $408,299
- 6.5%
- $376,891
- 7%
- $349,970
-
Comparable approach
- Method
- Valuation
- Relative Method
- $553,162
- Geo Method
- $553,162
-
Alternative Use
- Use
- Valuation
- Residential
- $317,922
- Hospitality
- $291,215
- Educational
- $242,287
- Medical
- $250,620
- Retail
- $376,891
Location Insight
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.5842
- Longitude
- -73.0746
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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