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620 Main St
Watertown, CT 06795

$1,550,000 USD

Storefront Retail Office For Sale  •  11,281 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 20,266 SF
  • Lot Size 0.79 AC
  • Building Class B
  • Year Built 1945
  • Cap Rate 9.05 %
  • Tenancy Multiple
  • Zoning B-D
0 Transit Score
74 Walk Score

Description

•	Nearby national/credit tenants include Marshalls, Adams Hometown Market, Starbucks, AutoZone, and more
•	Increases consumer draw to the trade area and promotes crossover shopping
•	Large pylon sign provides increased visibility
•	The asset is located less than 3 miles from The Taft School, built on 226-acres with a student body of 580+
•	The campus rivals those of many small colleges, including a library with 55,000 print volumes; a 45,000 square foot science and mathematics building; two theaters; two ice hockey rinks; and an 18-hole golf course

Highlights

New 5 Year Extenation | Value Add Opportunity | Starbucks in Mkt Established Pharmacy Location (Over 30 Yrs)
NNN leases | Limited Landlord Responsibilities | Fee Simple Ownership
Major Thoroughfare | Excellent Visibility and Access
Retail Corridor | Large Pylon Sign | Near Taft School
Affluent Population

Property Flyers

Cap Rate: 9.05 %

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Waterbury Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 11 min - 6.0 mi
Naugatuck Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 14 min - 8.8 mi
AirportDriveWalkDistance
Tweed/New Haven 52 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Surface
Included in Rent: Yes
Britt Raymond 929-229-2614 SRS Real Estate Partners
Britt Raymond 929-229-2614 SRS Real Estate Partners