Price Reduced 11.11%

$399,900

Est. Mortgage $2,126/mo *

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Price History

$449,900
5/20/2024

$429,900
6/24/2024

$399,900
8/5/2024

1290 & 1297 Main Street, Watertown, CT, 06795

1290 & 1297 Main Street, Watertown, CT, 06795
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0 beds

1 Full / 2 Half baths

1734

2,475 sqft

For sale in Watertown: a unique commercial property, featuring one of the oldest homes in the bustling commercial district. This property comprises two buildings on a single parcel, generating $3300 in monthly income. The leases for both buildings are set to expire in 2025. The first building is a historic cape boasting three fireplaces, wide board flooring, an enclosed porch, and three bedrooms. The second building provides ground level office space and was recently renovated by the current tenant. Ample parking and high visibility from Main Street make this property a prime investment opportunity. While both buildings are designated as commercial property, the charming antique cape has served as a residential home for many years.

Status:

Active

Type:

Commercial

Units:

2

Zoning:

BG

Frontage:

State Road

Heating:

Hot Air, Radiator

Cooling:

Central Air

Acreage:

0.86

Est. Taxes:

$7,459

Assessment

$262,920

Current Use

Office

Permitted Use

Office/retail

Utilities

Electric,Gas

Lot Description:

Level Lot

Days on Market:

184

MLS #:

24018795

Community Info

School Info

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Listing courtesy of Timothy Drakeley, Drakeley Real Estate, Inc. Email: tim@drakeley.com