For Sale
$495,000

3005 Main StWaterbury, CT 06705

Prime Medical Office, 3,000 SF, $495K

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 3,000-square-foot freestanding medical office building situated on a 0.31-acre lot in Waterbury, Connecticut. The property, located at 3005 E Main St, 06705, is conveniently located just 0.5 miles from I-84, offering excellent access and visibility. Currently, the building houses two tenants, with a 33% occupancy rate. One tenant occupies approximately 2,000 square feet, while the other occupies 1,000 square feet, paying a monthly rent of $1,500 on a month-to-month lease. The building features separate utilities for each tenant, and ample on-site parking is available. The asking price is $495,000, translating to $165 per square foot. The property is zoned CA and consists of a single-story building with five units. This presents a unique chance to acquire a well-located medical office building with potential for increased occupancy and rental income. The previous tenants included a salon and day spa, and a deli. This versatile property is ideal for a variety of medical uses or potential redevelopment. The gross lease structure simplifies management. This is a rare opportunity to own a freestanding building in a desirable location with significant upside potential.

Highlights

  • $495,000 asking price for a 3,000 square foot medical office building.
  • Gross lease, multi-tenant property with two current tenants.
  • 33% occupancy rate.
  • Located on a 0.31-acre lot at 3005 E Main St, Waterbury, CT, 06705.
  • Excellent I-84 access (0.5 miles).
  • Ample on-site parking.

Property Details for 3005 Main St

Property type
Office properties, Medical offices
Square Feet
3,000 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
13,504 SF
Units
5

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5456903
Longitude
-72.9869814
3005 Main St, Waterbury, Connecticut

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3005 Main St
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