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First-Floor Medical Office Suites
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171 Grandview Ave, Waterbury, CT 06708

First-floor medical suites offer ample parking and convenient access to highway and a nearby hospital.

Space Size3,088 SF
Days on Market533

Property Features for 171 Grandview Ave

General Information

Standard status Active
Size 3,088 SF
Property subtype OFFICE

Site & Location

Neighborhood Bunker Hill
Highway Access Yes

Spaces For Lease

at 171 Grandview Ave
171 Grandview Ave $9 – $11/SF/Yr
Floor 1
Size 3,088 SF
Type OFFICE
Lease Type PLUS_UTILITIES
Availability AVAILABLE, Now
Sublease No
- 1st Floor Medical Suites Available - Ideal for Owner-User/Investor/All Medical Uses - Ample Parking on busy Grandview Ave - Conveniently Located to Highway & Hospital - Sale: Units 1, 2, 3 & 4 $275,000.00 - (Owner currently occupying with possible lease back) - Units 14, 15 & 16 $175,000.00 - Lease : $9-$11 PSF Plus Utilities
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Listing Agency: Godin Property Brokers
Listed By: Mary Buckley · License #RES.0778434
Source: Moodyscre
Added: May 14, 2025 Changed: Oct 25 Last Checked: Oct 26 at 8:31PM

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

Rey
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Investment Insights

Based on property information with market context.

First-floor medical suites are available for lease, offering space well suited for medical office use. The property includes multiple available units, with the owner currently occupying and a possible lease-back option.

Ample parking is available on busy Grandview Ave, and the location is described as convenient to both the highway and a hospital.

Lease terms are listed at $9–$11 per square foot plus utilities. Sale information is also provided for specific units, including Units 1, 2, 3 and 4 and Units 14, 15 and 16.

Key Highlights

  • First‑floor medical suites available with ample parking on busy Grandview Ave
  • Units 1, 2, 3 & 4 offered at $275,000
  • Units 14, 15 & 16 offered at $175,000

Property Analytics

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

Current Use

Kent E. Sharian, ... Physician Vedullapalli Ratna L ... Dental Office Romano Salvatore V ... Physician James Williams Physician Lynch Judith Medical Clinic

Suggested Use

Top Pick Furniture & Home Goods Hair Salon (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Storage Facility

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06708, CT

30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Waterbury, CT

$16.57 /SF/Yr
Avg Asking Price
$8.94–$32.27 /SF/Yr
Price Range
1,918 SF
Avg Space Size

This space is priced 46% below the average of $16.57 /SF/Yr.

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

Similar Off Market Nearby

  • Pet/Ct Imaging Center — Waterbury, CT 06708

Frequently Asked Questions

What type of property is this?
Medical Office Space - First-floor medical suites offer ample parking and convenient access to highway and a nearby hospital.
Where is this medical office space located?
The property is located at 171 Grandview Ave Waterbury, CT.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: First‑floor medical suites available with ample parking on busy Grandview Ave; Units 1, 2, 3 & 4 offered at $275,000; Units 14, 15 & 16 offered at $175,000
(203) 577-2277 Call to check price and availability
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