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520 Watertown Avenue, Waterbury, CT 06708

$2,554,000

  • For Sale
  • Active
  • Commercial
520 Watertown Avenue, Waterbury, CT 06708View this property at 520 Watertown Avenue, Waterbury, CT 06708
520 Watertown AvenueWaterburyCT06708
Property Description
Wes Plaza is on the market and priced to sell with a 9.5% cap rate! This building is in great shape, in a great location, and has great, steady income! This 3.3 acre property near the Oakville/Watertown line is a great buy for an investor, business owner, or developer. Parking for the 5 businesses in the plaza is ample, boasting over 400 spaces!

Full Property Details for 520 Watertown Ave

General

  • Price: $2,554,000
  • Taxes: $54,370 (July 2016-June 2017)
  • Status: Active
  • Type: Commercial
  • MLS ID: L10191412
  • Updated: 9/24/2018
  • Added: 591 day(s) ago

Business

  • Business Type: Retail

Interior

  • Interior Features: Employee Lounge, Fire Suppression System
  • Flooring: Concrete

Rooms

Bathrooms

  • Restrooms: 5

Exterior

  • Exterior Features: Doors - 20+ ft

Parking

  • Uncovered Spaces: 400
  • Total Spaces: 400
  • Parking: Parking Lot
  • Garage Description: Parking Lot

Location

  • County: New Haven
  • Driving Directions: Going south on Route 8, get off EXIT 36 toward Huntingdon Ave. Turn left onto Colonial Ave which becomes E Aurora St. Going north on Route 8, Get off exit 35, turn left on E Aurora St. Turn Left onto Watertown Ave, 520 Watertown Ave is on the left.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Natural Gas, Oil
  • Heating Fuel: Natural Gas, Oil

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Exterior Const.: Aluminum, Concrete, Other
  • Roof: Flat
  • Amps: 200
  • Stories/Levels: 1
  • Stories in Building: 1
  • Square Feet: 29,873
  • Sq. Ft. Source: Public Records
  • Year Built: 1972

Unit Information

  • # Tenants: 5

Lot Features

  • Lot Size (Acres): 3.33
  • Frontage Feet: 653
  • Zoning: Commercial
  • Lot Description: Cleared

Financial Considerations

  • Assessment Amount: $903,000
  • Tax Amount: $54,370
  • Tax Year: July 2016-June 2017
  • Tenant Pays: Electricity, Heat, Mechanicals, Trash Service

Disclosures and Reports

  • Documents Avail.: Legal Description
  • Property ID: 1374993

Listed by Integrity Real Estate, Joel Stewart

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Schools

Schools serving 520 Watertown Ave

School District:Waterbury School District
Score
Name
Grades
Distance
2
170 Bunker Hill Ave, Waterbury, CT 06708
PK-5
0.2 mi
4
220 Columbia Blvd, Waterbury, CT 06710
PK-5
0.8 mi
1
77 Woodlawn Terrace, Waterbury, CT 06710
PK-5
0.9 mi
4
16 South Elm St, Waterbury, CT 06702
6-8
1.5 mi
2
483 Chase Parkway, Waterbury, CT 06708
6-8
1.6 mi
6
250 Colonial St, Oakville, CT 06779
6-8
2.1 mi
5
16 South Elm St, Waterbury, CT 06702
9-12
1.4 mi
2
422 Highland Ave, Waterbury, CT 06708
9-12
1.5 mi
6
324 French St, Watertown, CT 06795
9-12
2.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 520 Watertown Ave Get Price Alerts

Date
Details
Price
Change
Source
9/24/2018
Price Reduced
$2,554,000
-33.23%
MLS
4/26/2018
Price Increased
$3,825,000
27.54%
MLS
3/08/2017
Listed
$2,999,000
160.78%
MLS
9/02/2016
Sold
$1,150,000
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 520 Watertown Ave

Year
Property Taxes
Change
Tax Assessment
Change
2017
$54,370
$903,000
2016
$54,370
-3%
$903,000
-7%
2015
$56,300
2%
$967,030
2011
$55,101
-9%
$967,030
-33%
2011
$60,744
-3%
$1,452,500
26%
2008
$62,418
$1,156,540
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 520 Watertown Ave

Listed by Integrity Real Estate, Joel Stewart

520 Watertown Avenue, Waterbury, CT 06708 (MLS# L10191412) is a Commercial property. 520 Watertown Avenue is currently listed for $2,554,000 and was received on March 08, 2017. Want to learn more about 520 Watertown Avenue? Do you have questions about finding other Commercial real estate for sale in Waterbury? You can browse all Waterbury real estate or contact a Coldwell Banker agent to request more information.