51 Depot Street, Watertown, CT 06795
COMMERCIAL - Watertown, CT
- Added:
- Apr 6, 2026
- Days on Market:
- 66
- Last Refresh:
- Jun 10 at 4:06 pm
Property Features for 51 Depot Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- BC
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Security features
- Security System
- Interior features
- Elevator,Fire Suppression System,Handicap Design,Public Restrooms,Security System,Window Display
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 588 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1504
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Flooring type
- Concrete
Listing agent Justin Cabral License #RES.0823512 (203) 217-2326
Listing office West View Properties, LLC 1400 Main Street, Unit 3, Watertown, CT (860) 274-7838
Listing date Apr 6, 2026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High investment potential: Projected 9.91% cap rate and 15.70% cash‑on‑cash return at 25% down.
- Low carrying costs: Annual taxes of $1,504 and monthly condo fees of $179.10.
- Rare private in‑unit bathroom: A significant advantage for many businesses.
- Prime downtown location: Situated in Depot Square Mall with high traffic exposure (24,300 vehicles per day).
- Versatile space: Ideally suited for various owner‑occupant uses (salon, studio, office).
- Flexible commercial zoning: Supports office, retail, and business uses.
Overview
Depot Square Mall is described as a thriving mixed-use center situated between Route 63 (Main Street) and Route 6. The provided materials cite combined traffic of 24,300 vehicles per day, supporting consistent visibility for retail and service tenants. Zoning is listed as BC, and the listing notes flexible commercial zoning that supports office, retail, and business uses.
The space was formerly operated as a hair salon and, according to the offering remarks, it is well suited for a range of owner-occupant service and professional uses, including hair/nail and related personal care, massage or skincare, tattoo, and professional office functions such as chiropractic or counseling. Business equipment is not included. Interested buyers are directed to review the condo association documents and conduct independent due diligence, including verification of all information contained in the Offering Memorandum.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.1142524
- Latitude
- 41.6018656