Medical/Professional Office Condos
For Sale
$1,550,000
2900 Main St, Stratford, CT 06614
Investment opportunity: portfolio of seven office condos totaling 14,628 sqft.
Property Size26,850 SF
Price / SF$57.73
Days on Market193
Property Features for 2900 Main St
General Information
Standard status
Active
Size
26,850 SF
Building Details
Year Built
1988
Listing Agency:
Property World
Listed By:
Mark Glassman · License #RES.0263303
(203) 314-0605
Source:
Themialeteam
Added: Mar 5
Changed: Sep 11
Last Checked: Sep 13 at 4:33PM
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 Property World
Investment Insights
Based on property information with market context.
This investment portfolio features seven medical/professional office condos, totaling 14,628 square feet. Recent upgrades include newly painted and recarpeted hallways. The building provides over 150 parking spaces and is ADA compliant, equipped with an elevator and six lavatories (two on each floor). Some units also have private baths. Five units are currently leased. Unit 1F, comprising 1,950 square feet, and Unit 3C, offering 4,387 square feet, are available for lease at $16 NNN. The property, when completely leased, has a projected Net Operating Income (NOI) of $185,416.92, representing an 11% capitalization rate. Situated one block from Town Hall, the location benefits from an average daily traffic count of 13,200 vehicles and offers convenient access to the Merritt Parkway (Route 15) and I-95.
Key Highlights
- Investment Portfolio: 7 Medical/Professional Office Condos totaling 14,628 sq. ft.
- Projected NOI of $185,416.92, representing an 11% Cap Rate**
- Completely leased with upside potential
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
Explore this area
Business Placement
Demographics for 06614, CT
33,749
Population
14,432
Households
2.3
Avg Household Size
45
Median Age
39%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
3,040
Density / Sq Mi
$105,656
Median Household Income
$56,328
Median Earnings
$1,733
Median Rent
$342,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Investment opportunity: portfolio of seven office condos totaling 14,628 sqft.
Where is this office units located?
The property is located at 2900 Main St Stratford, CT.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Investment Portfolio: **7 Medical/Professional Office Condos totaling 14,628 sq. ft.**; Projected NOI of $185,416.92, representing an 11% Cap Rate**; Completely leased with upside potential
