262 New Milford Tpke Washington, CT 06777
This exceptional 2,072 square foot commercial property, situated on a 3.05-acre lot at 262 New Milford Turnpike in Washington, CT, presents a unique investment opportunity. Boasting a prime location directly on Route 202, the property benefits from exceptional visibility and high traffic counts, averaging approximately 5,800 vehicles daily. The beautifully updated antique building features charming architectural details including exposed beams and hardwood floors, complemented by large windows that flood the interior with natural light. The well-maintained grounds offer a tranquil setting, enhanced by the proximity of the East Aspetuck River. Currently configured as two separate units, the flexible floor plan allows for a variety of commercial uses. Previously used as office space and a showroom, this property is ideal for businesses seeking a blend of historical character and modern functionality in a high-traffic location. The serene environment, combined with the building's attractive features and convenient access to Route 202, makes this an outstanding opportunity for a discerning buyer. The asking price is $625,000.
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E. Garrity Water Solutions General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · New Preston Marble Dale, CTNew Preston Marble Dale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.