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March 15, 2023

Watertown dealership property sells for nearly $2M

CoStar 795 Straits Turnpike, Watertown.
By Michael Puffer

A limited liability company controlled by Watertown businessman Peter Lupachino paid nearly $2 million for the former Premier Subaru dealership location on Straits Turnpike in Watertown this week.

Premier Subaru moved to a new Middlebury location last year.

A limited liability company controlled by Premier Subaru President Robert Alvine sold the 23,676-square-foot building on 1.57 acres at 795 Straits Turnpike to 795 Straits Turnpike LLC in a $1.96 million deal recorded by the town on Monday.

The buying LLC’s principal is Lupachino, who is also president of Watertown-based Lupo Electric.

An attempt to reach Lupachino Wednesday morning was not immediately successful.

The property was listed by Brian Godin, a partner in Middlebury-based Godin Property Brokers.

Godin, reached Wednesday morning, said the new owner plans to divide the property for lease to commercial tenants.

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