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Office Building with Medical Tenant

115 Waterbury Road, Prospect, CT 06712

For Sale
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Partially leased commercial office property with an existing physician-group tenancy and access from Route 69.

Property Size15,000 SF
Price / SF$119.67
Days on Market60

Property Features for 115 Waterbury Road

General Information

Standard status Active
Size 15,000 SF
Property subtype Office

Additional Details

Asking Price $1,795,000
Listing Agency: Godin Property Brokers LLC
Listed By: Ed Godin · License #CT REB.0755612
Source: Crexi
Added: Sep 11 Changed: Oct 26 Last Checked: Nov 8 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Godin Property Brokers LLC

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Investment Insights

Based on property information with market context.

This commercial office building contains approximately 15,000 square feet and is partially leased to a physician group. The property offers an established office setting with existing medical occupancy within the building.

Located at 115 Waterbury Road in Prospect, Connecticut, the property has access from Route 69. Its current office configuration and partial tenancy provide a defined commercial framework for continued medical or general office use, subject to applicable approvals and lease terms.

Key Highlights

  • Approximately 15,000 square feet of commercial office space
  • Partially leased to a physician group
  • Located at 115 Waterbury Road in Prospect, CT 06712

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brass Axe Capital Business Broker Mary Ellen Baldino Physician ProHealth Physicians Prospect ... Physician Dr. William Mcqueen Physician Direct Threads Production Facility

Suggested Use

Top Pick Restaurant Storage Facility HVAC Service Pharmacy Law Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 06712, CT

9,344
Population
3,546
Households
2.6
Avg Household Size
47
Median Age
37%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
658
Density / Sq Mi
$125,556
Median Household Income
$70,658
Median Earnings
$1,888
Median Rent
$350,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office buildings in New Haven County, CT

$256 Jul
$213 Aug
$213 Sep
$193 Oct

Properties on Market for Office buildings in New Haven County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Partially leased commercial office property with an existing physician-group tenancy and access from Route 69.
Where is this office building located?
The property is located at 115 Waterbury Road Prospect, CT.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Approximately 15,000 square feet of commercial office space; Partially leased to a physician group; Located at 115 Waterbury Road in Prospect, CT 06712
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