36 Zoar AveWatertown, CT 06779

  • Retail properties
  • 9,048 SF
For Lease

Property Details for 36 Zoar Ave

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.98 AC
Property size (Sq ft)
9,048 SF
Zone code
RG
Property type
Retail properties
Property subtype
Other automotive properties
APN
WTWN M:124 B:180 L:22
APU
WTWNM124B180L22

Description

This exceptional Watertown, CT commercial property, located at 36 Zoar Ave, Unit 1, offers a versatile 1,500 square foot warehouse space immediately available for lease. Situated on a 1.98-acre lot, this single-story building boasts a total of 9,048 square feet, with the possibility of leasing smaller portions. Built in 1968, the warehouse features a 12-foot ceiling height, perfect for various storage and operational needs. The property includes one drive-in door for convenient loading and unloading, and is equipped with 100 amp, 3-phase power. The space is zoned RG, offering flexibility for a range of commercial uses. This is an ideal opportunity for businesses seeking a functional and well-located warehouse in Watertown. The minimum leasable space is 1,500 square feet, with 1,500 square feet currently vacant and ready for immediate occupancy. The property is suitable for multiple tenants. Its prime location in Watertown, CT, zip code 06779, provides easy access to major transportation routes and amenities. Don't miss this chance to secure this well-maintained and strategically positioned warehouse space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,198,980
    6.5%
    $2,029,828
    7%
    $1,884,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,979,174
    Geo Method
    $2,979,174
  • Alternative Use

    Use
    Valuation
    Residential
    $1,712,236
    Hospitality
    $1,568,398
    Educational
    $1,304,889
    Medical
    $1,349,766
    Retail
    $2,029,828
36 Zoar Ave, Watertown, Connecticut

Location Insight

City
Watertown
County
Litchfield
State
Connecticut
Latitude
41.5917
Longitude
-73.09
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN 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
$14,832
$82,000
$320,400
$402,400
-
-
-
-

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