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Property profile & analytics
FOR LEASE
Commercial real estate

365 Main St Watertown, CT 06795

20,814 SF 0.88 ac lot Built 1989
Individually Owned Free & Clear
Property ID
US15-0666361
Property summary
AI-generated overview

This exceptional medical office building, located at 365 Main Street, Unit 202, Watertown, CT 06795, presents a unique investment opportunity. The property, situated on a 0.88-acre lot in Litchfield County, boasts 7,182 square feet of modern office space spread across three stories. Originally constructed in 1989, Suites 200 and 201 underwent a complete renovation in 2022, resulting in a contemporary and functional layout. The building features a convenient elevator and ample parking, catering to the needs of both staff and patients. The space is zoned for commercial use and benefits from its prime location on the well-traveled Route 63. The property includes two suites: Suite 200-201 comprises 4,641 square feet, while Suite 202 offers 2,541 square feet. With a ceiling height of 10 feet 6 inches, the space is bright and airy. Previously used as medical space, this property is ideally suited for a variety of medical practices or related businesses. Priced to sell at $800,000, this is an excellent opportunity to acquire a well-maintained, strategically located medical office building in a thriving Connecticut community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,814 SF
Lot 0.88 ac (38,333 SF)
Zoning code BC
APN WTWN M:100 B:46 L:22
UPID US15-0666361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • VNA Health at Home Home Health Care Service
  • Jan Peluso Realtor Real Estate Agency
  • Access Rehab Centers Medical Clinic
  • A & S Contractors LLC Construction Company General Contractor
  • Lux Health MD Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.09M
Owner & transaction history
Thomaston Com Hldg Svcs L
Thomaston Com Hldg Svcs L
since 2025
Last sale
$900,000
5 recorded transactions
2025
Price N/A
2025
$500,000
2021
$900,000
1989
Price N/A
1987
$205,000
Zoning & alternative use
BC · Watertown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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