112 Bridge StNaugatuck, CT 06770

Property Details for 112 Bridge St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.29 AC

Property size (Sq ft)

8,040 SF

Zone code

R15

Property type

Office properties

Property subtype

Office buildings

APN

NAUG M:019 L:4200

APU

NAUGM019L4200

Description

This exceptional two-story commercial property, located at 112 Bridge Street in Naugatuck, Connecticut, offers versatile office space ideal for executive or medical practices. Situated on a 2.29-acre lot, the building boasts a total of 4,000 square feet, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 2,500 square feet. The building's zoning is B-2, allowing for a variety of commercial uses. The interior features a desirable 10-foot ceiling height, creating a spacious and comfortable work environment. The property is classified as Retail, Office, and Industrial, and is currently available for lease as multiple tenancies. This prime location in Naugatuck, New Haven County (zip code 06770), offers excellent visibility and accessibility. The building's classification as a "Signature Building" suggests a high-quality construction and design. Interested parties should inquire about available space and lease terms. This is a rare opportunity to secure a well-located and versatile office space in a thriving Connecticut community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,329,252

  6.5%

  $1,227,002

  7%

  $1,139,359

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,050,506

  Geo Method

  $1,050,506

• Alternative Use

  Use

  Valuation

  Residential

  $1,521,482

  Hospitality

  $1,393,670

  Educational

  $1,159,517

  Medical

  $1,199,394

  Retail

  $1,803,693

Location Insight

City

Naugatuck

County

New Haven

State

Connecticut

Latitude

41.5021

Longitude

-73.0517

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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