58 Commercial St Watertown, CT 06795-3368
- Manufacturing properties
- 19,918 SF
- 2.81 lot acres
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
-
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
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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