470 Straitsl Trunpike Watertown, CT 06795
- Retail properties
- 5.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 470 Straitsl Trunpike
- Lot size
- 5.00 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 5-acre parcel located at 470 Straits Turnpike in Watertown, Connecticut, presents a unique investment opportunity. Currently zoned Residential/B-SC, the property is ideally suited for redevelopment into a retail establishment. The existing structure, formerly operating as Garden Brook Rest Home, will require demolition to accommodate new construction. The property's substantial size offers ample space for a large-scale retail project, providing significant potential for future growth and profitability. Situated in Litchfield County, the location benefits from excellent visibility and accessibility along the Straits Turnpike, ensuring high traffic volume and exposure to a substantial customer base. The 06795 zip code offers a strong demographic profile, making this a highly desirable location for retail development. This property is being offered at an asking price of $2,750,000. The buyer will be responsible for obtaining any necessary zoning changes to facilitate the desired retail development. This is a rare chance to acquire a significant piece of land in a thriving Connecticut town, poised for substantial retail expansion. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.1012
- Latitude
- 41.5787
