76 Watertown RdThomaston, CT 06787

Property Details for 76 Watertown Rd

Year built

1974

Construction

STEEL FRAME

Lot size

7.94 AC

Property size (Sq ft)

16,867 SF

Zone code

RA15GC

Property type

Retail properties

Property subtype

Retail space

APN

THOM M:54 B:04 L:13

APU

THOMM54B04L13

Description

This exceptional two-story commercial building, situated on an eight-acre lot in Litchfield County, offers 36,678 square feet of prime retail and office space. Currently, 1,425 square feet of executive office space is immediately available for lease, perfect for a growing business seeking a prestigious location. Built in 2015, the building boasts a modern design with impressive ceiling heights ranging from eight to sixteen feet, providing a spacious and comfortable work environment. Ample parking is available for tenants and their clients, ensuring convenient access. The property is zoned commercial and features 200-amp power, suitable for a variety of business needs. The multiple tenancy structure allows for a diverse and collaborative atmosphere. This is an excellent opportunity to secure high-quality office space in a desirable location with easy access to major transportation routes (specific details not provided). The available space is ideal for businesses seeking a professional and efficient workspace within a well-maintained building. The property's size and amenities make it suitable for a range of businesses, from small startups to established companies. Don't miss this chance to establish your business in this thriving commercial area. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,099,270

  6.5%

  $3,783,941

  7%

  $3,513,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,553,682

  Geo Method

  $5,553,682

• Alternative Use

  Use

  Valuation

  Residential

  $3,191,896

  Hospitality

  $2,923,760

  Educational

  $2,432,534

  Medical

  $2,516,192

  Retail

  $3,783,941

Location Insight

City

Thomaston

County

Litchfield

State

Connecticut

Latitude

41.66

Longitude

-73.0841

CBSA code

45860

CBSA name

TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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