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51 Depot Street 106
Watertown CT 06795 US

$69,900

Active Listing ID 24164559
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1.00 Bath (1 Half)
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Other

$69,900

Active Listing ID 24164559
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51 Depot Street 106 Rare opportunity to own a retail/office condominium in the heart of downtown Watertown! Unit #106 at 51 Depot Street is a 588 SF commercial condo located within Depot Square Mall - a thriving mixed-use center situated between Route 63 (Main Street) and Route 6, carrying a combined 24, 300 vehicles per day. Offered at $69, 900, carrying costs are exceptionally low with annual taxes of just $1, 504 and condo fees of $179.10/month. Investment Highlights: At $20/SF market rent, this unit projects a 9.91% cap rate and a 15.70% cash-on-cash return at 25% down (7.0%, 30-year financing) - an exceptional return profile at this price point. One of the only units in Depot Square Mall with a private in-unit bathroom - a significant advantage for any service or wellness-based business. Formerly operated as a hair salon, the space is ideally suited for a variety of owner-occupant uses including hair/nail salon, barbershop, massage or skincare studio, tattoo studio, chiropractic or counseling office, photography studio, or any professional service office use. Flexible commercial zoning supports office, retail, and business uses. Frame and brick construction (1985), concrete foundation and flooring. Business not included. For full financial analysis, demographics, traffic counts, and market data, see the attached Offering Memorandum. Buyer to verify all information and conduct independent due diligence including review of condo association documents.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • 1/2 Bathrooms: 1
  • Cooling System: Central Air
  • Floor Covering: Concrete

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 69900
  • unparsedaddress: 51 Depot Street
  • unitnumber: 106
  • postalcity: Watertown
  • stateorprovince: CT
  • country: US
  • postalcode: 06795
  • bathroomsfull: 0
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 588
  • livingareaunits: Square Feet
  • listagentfullname: Justin Cabral
  • listagentemail: jcabral@westviewprop.com
  • listagentkey: 3yd-CTMLS-848074
  • listagentmlsid: 848074
  • listagentpreferredphone: 2032172326
  • listagentofficephone: 8602747838
  • listofficekey: 3yd-CTMLS-VIEW20
  • listofficemlsid: VIEW20
  • disclaimer: Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CTMLS
  • yearbuilt: 1985
  • listingcontractdate: 2026-04-06
  • listagenturl: http://www.westviewprop.com
  • countyorparish: Litchfield
  • cooling: Central Air
  • flooring: Concrete
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Elevator, Fire Suppression System, Handicap Design, Public Restrooms, Security System, Window Display
  • rooms: Bathroom 1
  • securityfeatures: Security System
  • accessibilityfeatures: Accessible Approach with Ramp
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"West View Properties, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jcabral@westviewprop.com", "ListBrokerageCity":"Watertown", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dkcabral@aol.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"West View Properties, LLC", "ListBrokeragePhone":"(203) 228-7564", "ListBrokeragePostalCode":"06795", "ListBrokerageStateOrProvince":"CT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1400 Main Street", "ListBrokerageWebsiteUrl":"http://www.westviewprop.com", "ListOfficeAddress1":"1400 Main Street, Unit 3 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"VIEW20", "ListOfficeCity":"Watertown", "ListOfficeCountry":"US", "ListOfficeEmail":"dcabral@westviewprop.com", "ListOfficePostalCode":"06795", "ListOfficeStateOrProvince":"CT", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Watertown, CT", "ListingURL":null, "MLSModificationTimestamp":"2026-04-07 22:10:48", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1504, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/31/2026 12:50:07 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Justin Cabral, West View Properties, LLC, jcabral@westviewprop.com

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.