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Property profile & analytics
OFF-MARKET Estimated value $1,825,000
Manufacturing properties

58 Commercial St Watertown, CT 06795-3368

19,918 SF 2.81 ac lot Built 1978
Entity Owned ~ Est. High Equity
Property ID
US15-0097394
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,918 SF
Lot 2.81 ac (122,404 SF)
Zoning code IR8
APN WTWN M:152 B:45 L:14B
UPID US15-0097394
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
  • Saber Big Box & Wholesale Store
  • Global Plastics Recycling Factory Production Facility
  • GLOBAL MACHINE RENTALS Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.83M
Owner & transaction history
A&j Developers LLC
A&j Developers LLC
since 2026
Last sale
$2.0M
7 recorded transactions
2026
$2.0M
2026
Price N/A
2023
Price N/A
2022
$1.7M
2011
Price N/A
2009
Price N/A
2008
$1.3M
Zoning & alternative use
IR8 · Watertown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.6M +78.6%
Apartment house (5+ units) $2.5M +69.9%
Commercial (general) $2.5M +69.3%
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