132 Church StNaugatuck, CT 06770

  • Retail properties
  • 6,240 SF
For Lease

Property Details for 132 Church St

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.15 AC
Property size (Sq ft)
6,240 SF
Zone code
RA1
Property type
Retail properties
Property subtype
Retail space
APN
NAUG M:061 L:8810
APU
NAUGM061L8810

Description

This exceptional 1,400 square foot commercial property, located at 132 Church Street in Naugatuck, Connecticut, presents a unique opportunity for a variety of businesses. Previously occupied by a successful Domino's Pizza, this single-tenant space is ideally suited for restaurants, cafes, or retail establishments seeking a high-visibility location. Situated in the heart of downtown Naugatuck, the property benefits from excellent accessibility and a vibrant, high-traffic environment. With 2023 traffic counts recording 8,751 vehicles daily on Church Street, this location ensures significant exposure to potential customers. The 0.15-acre lot offers convenient access, and a large parking lot directly across the street provides ample parking for patrons. This property is more than just a commercial space

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,516,538
    6.5%
    $1,399,881
    7%
    $1,299,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,054,602
    Geo Method
    $2,054,602
  • Alternative Use

    Use
    Valuation
    Residential
    $1,180,852
    Hospitality
    $1,081,654
    Educational
    $899,924
    Medical
    $930,873
    Retail
    $1,399,881
132 Church St, Naugatuck, Connecticut

Location Insight

City
Naugatuck
County
New Haven
State
Connecticut
Latitude
41.4892
Longitude
-73.056
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,135
$74,410
$308,490
$382,900
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-
-
-

FAQs

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