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    1630 Watertown Ave Waterbury, CT 06708

    Sponsored
    For Lease
    $10 SF/Yr

    Prime 8,500 SF retail/industrial space available.

    Lot size:
    42,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42,500 square foot retail and industrial property, situated on a 6-acre lot in the bustling Steelbrook Plaza, presents a remarkable leasing opportunity. Built in 1987, this single-story building boasts a 16-foot ceiling height, providing ample space for various commercial uses. Currently, 8,500 square feet of space is immediately available, divisible down to 4,000 square feet, offering flexibility for businesses of different sizes. The property is zoned CA and benefits from excellent visibility on the heavily trafficked Route 73, ensuring high foot traffic and brand exposure. Ample parking is available for tenants and customers. The lease rate is $10.75 per square foot, plus NNN charges. This property is ideal for businesses seeking a prominent location with significant space and convenient access. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a vibrant and synergistic environment. Don't miss this chance to secure a prime location in a thriving commercial area.

    Property Features for 1630 Watertown Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,500 SF
    Total Rate
    38072.92

    Building Details

    Year Built
    1987
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    8,500 SF
    Rate per SF
    $10

    HighLights

    • 8,500 SF of available retail space.
    • Will subdivide to 4,000 SF units.
    • Located in Steelbrook Plaza with high visibility on Route 73.
    • Ample parking available.
    • Lease rate: $10.75/SF + NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    C & S Family ... Dentist Nancy's Treasure Outlet Store Dollar General Dollar Store Cloudxsmoke Tobacco Shop Bredifrntly training Personal Trainer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0751489
    Latitude
    41.5855402

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    FAQs

    What type of property is this?
    Manufacturing property - Prime 8,500 SF retail/industrial space available.
    Where is this manufacturing property located?
    The property is located at 1630 Watertown Ave Waterbury, CT.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 8,500 SF of available retail space.; Will subdivide to 4,000 SF units.; Located in Steelbrook Plaza with high visibility on Route 73.
    Request Owner's contact information
    1630 Watertown Ave Waterbury, CT 06708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1630 Watertown Ave Waterbury, CT 06708
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