Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    162 East Main St Clinton, CT 06413

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $550 /Mo ($11 SF/Yr)

    Private office space with shared common areas and private entrance.

    Property size:
    600 SF
    Lot size:
    600 SF

    Property Features for 162 East Main St

    General Information

    Standard status
    Active
    Size
    600 SF

    Building Details

    Year built
    2001

    We can help!

    Listing Contact
    Debbie Rowe
    Source: Corcoran

    Listing Agent: Debbie Rowe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Private Office Space For Rent

    This property offers private office space as part of a two-office suite, which includes a shared common room and restroom. It features a private exterior entrance and ample parking is available in a private lot. The location is on Route 1, offering high visibility. The space is suitable for professional use and presents a synergistic opportunity for various practitioners, as it is located within a pediatrician's building. Potential uses include space for a therapist, psychologist, social worker, or podiatrist. The office benefits from natural light, central air conditioning, and a quiet environment. The property has a size of 600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Karen Y. ... Doctor Shoreline Pediatrics Child Health Care Centre Dr. Bruce G. ... Pediatrician CRISTINA AUGUSTO Nurse Practitioner Susan Isaac Lcsw Psychotherapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.513106
    Latitude
    41.275619

    Nearby Similar for Lease

    • $15 SF/Yr
      2,185 SF

      Retail Space in Clinton, CT

      2,184 SF retail space in a well-known Clinton strip center.
      344 East Main St, Clinton, CT 06413
      View Details
    • $3,500 /Mo
      3,500 SF

      Turnkey Cigar Lounge Opportunity

      Move-in ready cigar lounge with humidor and ventilation system.
      215 East Main St, Clinton, CT 06413
      View Details
    • $3,500 /Mo
      2,300 SF

      Vanilla Box Retail Space

      2,300 SF retail space in high-traffic Clinton plaza.
      215 East Main St, Clinton, CT 06413
      View Details
    • $3,500 /Mo
      2,300 SF

      Vanilla Box Retail Space Available

      2,300 SF vanilla box retail space ready for customization.
      215 East Main St, Clinton, CT 06413
      View Details
    • Contact for pricing
      10,015 SF

      Retail Space Near Premium Outlets

      Retail spaces available near Clinton Crossing Premium Outlets.
      11 Killingworth Tpke, Clinton, CT 06413
      View Details
    • $2,450 /Mo

      Luxury Residences in Clinton, CT

      Luxury 1 & 2 bedroom apartments with top-tier amenities.
      9 John St, Clinton, CT 06413
      View Details
    • $2,100 /Mo

      Luxury Apartment Near Hammonasset Beach

      Sun-filled one-bedroom apartment with high-end finishes near beaches.
      73 W Main St, Clinton, CT 06413
      View Details
    • $4,500 /Mo
      6,115 SF

      Warehouse/Retail Space with Office

      6,115 SF warehouse/retail space with office for lease.
      27 West Main St, Clinton, CT 06413
      View Details
    • $1,800 /Mo

      Versatile Industrial Space For Lease

      Industrial space with office, warehouse, and ample parking.
      18 Nod Rd, Clinton, CT 06413
      View Details
    • $2,000 /Mo

      Remodeled Coastal Rental with Beach

      Updated two-bedroom rental with private beach rights and views.
      176 C Shr Rd, Clinton, CT 06413
      View Details
    • $1,900 /Mo

      Charming Clinton Apartment Near Beach

      One-bedroom apartment with updated kitchen, close to amenities and beach.
      88 E Main St, Clinton, CT 06413
      View Details
    • $1,750 /Mo

      Townhouse Near Schools and Shopping

      Townhouse with updated kitchen, deck, and off-street parking.
      83B N High St, Clinton, CT 06413
      View Details

    FAQs

    What type of property is this?
    Office space - Private office space with shared common areas and private entrance.
    Where is this office space located?
    The property is located at 162 East Main St Clinton, CT.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible location directly on RT 1.; - Private exterior entrance and ample parking.; - Synergistic opportunity within a pediatrician's building, ideal for related professionals.
    Request Owner's contact information
    162 East Main St Clinton, CT 06413
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    162 East Main St
    Clinton, CT 06413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    162 East Main St Clinton, CT 06413
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Debbie Rowe
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.