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Property profile & analytics
FOR LEASE
Retail space

76 Watertown Rd Thomaston, CT 06787

16,867 SF 7.94 ac lot Built 1974
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US15-0102416
Property summary
AI-generated overview

This exceptional two-story commercial building, situated on an eight-acre lot in Litchfield County, offers 36,678 square feet of prime retail and office space. Currently, 1,425 square feet of executive office space is immediately available for lease, perfect for a growing business seeking a prestigious location. Built in 2015, the building boasts a modern design with impressive ceiling heights ranging from eight to sixteen feet, providing a spacious and comfortable work environment. Ample parking is available for tenants and their clients, ensuring convenient access. The property is zoned commercial and features 200-amp power, suitable for a variety of business needs. The multiple tenancy structure allows for a diverse and collaborative atmosphere. This is an excellent opportunity to secure high-quality office space in a desirable location with easy access to major transportation routes (specific details not provided). The available space is ideal for businesses seeking a professional and efficient workspace within a well-maintained building. The property's size and amenities make it suitable for a range of businesses, from small startups to established companies. Don't miss this chance to establish your business in this thriving commercial area. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Construction STEEL FRAME
Total area 16,867 SF
Lot 7.94 ac (345,866 SF)
Zoning code RA15GC
APN THOM M:54 B:04 L:13
UPID US15-0102416
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
  • Chubba's Restaurant
  • Salon C Cuts & Co. Hair Salon Nail Salon
  • Tramonti Ristorante Restaurant
  • Hartford HealthCare Medical Group Pediatrician Physician
  • Savor Fine Foods Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.76M
Blend (final) Blend
$2.58M
Owner & transaction history
Dlm Svcs · 16 yrs held
Dlm Svcs
since 2010
2 recorded transactions
2010
$985,000
2010
Price N/A
Zoning & alternative use
RA15GC · Thomaston, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.5M +28.1%
Restaurant $2.2M +14.6%
Apartment house (5+ units) $2.1M +9.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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