price listed is starting bid price on TenX, 11/18 70 Heminway Park Road presents investors with an easy transfer of an NNN-leased medical office. The single-story brick building was erected in 1955 and rings in at an impressive 4,140 square feet. Situated on a 0.31-acre lot the property comes equipped with 19 parking spaces perfect for employees and visitors alike. Recent renovations include a new HVAC, roof, front facade, and a reception and waiting area. 70 Heminway Park Road has been inhabited by St. Mary's Hospital for the past 13 years, which has meticulously maintained the asset. The tenant is on an NNN lease, creating a hands-off investment for ownership. St. Mary's Hospital pays for utilities, taxes, insurance, snowplowing, landscaping, trash, and HVAC maintenance. The Watertown, Connecticut, office market is a small yet substantial location for investors to enter. Total inventory is impressive at 220,000 square feet. Vacancy rates are low at a notable 2.8% vacancy, which is 2.8% lower than a year ago. Market rates for rent are on the rise as well as cap rates in this area. Watertown is a quaint town located just under an hour from the major metros of Hartford and New Haven. This locale is committed to bringing new businesses to the area as well as keeping existing businesses successful.
Turn-key laser tattoo removal business located inside a busy tattoo shop in a highly visible location on Watertown Ave. Tarnished is currently located inside Brass City Tattoo. The business can be purchased with the lease which is in a health department and zoning approved location. The equipment can also be purchased separately.
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.
Watertown is located in Connecticut. Watertown, Connecticut has a population of 22,110. Watertown is more family-centric than the surrounding county with 28.02% of the households containing married families with children. The county average for households married with children is 26.17%.
The median household income in Watertown, Connecticut is $81,357. The median household income for the surrounding county is $84,797 compared to the national median of $69,021. The median age of people living in Watertown is 46.5 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 51.9 inches per year, with 40.3 inches of snow per year.
