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58 Commercial St Watertown, CT 06795-3368
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58 Commercial St Watertown, CT 06795-3368


  • Manufacturing properties
  • 19,918 SF
  • 2.81 lot acres
Off-Market
Last Sale Feb 13, 2026
$1,950,000
Property ID
US15-0097394
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$1,825,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Saber / Big Box & Wholesale Store
  • Global Plastics Recycling / Factory / Production Facility
  • GLOBAL MACHINE RENTALS / Industrial Manufacturer

Property Details for 58 Commercial St

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.81 lot acres
Property size
19,918 SF
Zone code
IR8
Property type
Manufacturing properties
APN
WTWN M:152 B:45 L:14B
APU
WTWNM152B45L14B

Description

This exceptional industrial property, located at 58 Commercial Street in Watertown, Connecticut, offers a prime opportunity for manufacturing businesses. The building encompasses a substantial 33,781 square feet of space, currently configured for multiple tenants. While nearly the entire building is occupied, a single square foot of space is currently available. The property is classified as industrial, with a manufacturing and warehouse subtype, making it ideal for a variety of uses. Situated in Litchfield County, the property benefits from a convenient location in Watertown, CT, with the zip code 06795. Its precise coordinates are 41.5759246 latitude and -73.1024229 longitude. The property's size and configuration provide ample room for operations, storage, and potential expansion. The available space, although minimal at present, presents a unique opportunity for a small business needing supplementary space or a strategic foothold in a well-established industrial area. Interested parties are encouraged to inquire about the specifics of the available space and potential lease terms. This property is offered for lease and represents a strong investment opportunity in a thriving Connecticut market. The building's substantial size and strategic location make it an attractive option for businesses seeking a well-established industrial presence in Watertown.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,570,000
    Market price range: $941k - $2.10M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $1,460,000
    Current use
    RESTAURANT
    $2,605,000
    Change: +79% Conversion: Difficult
    APARTMENT HOUSE (5+ UNITS)
    $2,480,000
    Change: +70% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $2,470,000
    Change: +69% Conversion: Difficult
    OFFICE BUILDING
    $2,315,000
    Change: +59% Conversion: Difficult
    RETAIL STORES
    $2,275,000
    Change: +56% Conversion: Moderate

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Watertown
County
Litchfield
State
Connecticut
Longitude
-73.1026
Latitude
41.5761
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$29,355
$289,400
$507,000
$796,400
-
$0.00
$0.00
$0.00
More about this property
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