Medical/Professional Office Condo
For Sale
$1,685,500
2900 Main St, Stratford, CT 06614
Seven medical/professional office condos totaling 14,628 sq. ft.
Property Size26,850 SF
Lot Size1.23 Acres
Price / SF$115.22
Days on Market151
Property Features for 2900 Main St
General Information
Standard status
Active
Size
26,850 SF
Lot size
1.23 Acres
Property subtype
Commercial
Building Details
Building Size
26,850 SF
Year Built
1988
Stories
3
Listing Agency:
Property World
(203) 314-0605
Listed By:
Mark J. Glassman · License #RES.0263303
(203) 314-0605
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
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. The building, with recently painted and recarpeted hallways, offers 150+ parking spaces and is ADA compliant, equipped with an elevator. Each floor includes two lavatories, totaling six, and some units also have private baths. Currently, five units are leased, while Unit 1F (1,950 sq. ft.) and Unit 3C (4,387 sq. ft.) are available for lease at $16 N.N.N. The property, when completely leased, has a projected Net Operating Income (NOI) of $185,416.92, representing an 11% capitalization rate. The location is one block from Town Hall, with an average traffic count of 13,200 CPD and easy access to Merritt Parkway (Rt15) and I-95.
Key Highlights
- Investment portfolio of 7 medical/professional office condos totaling 14,628 sq. ft.
- Projected NOI of $185,416.92, representing an 11% Cap rate when fully leased.
- 5 units currently leased, providing immediate income.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Seven medical/professional office condos totaling 14,628 sq. ft.
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 $1,685,500.
What are key features of this property?
This property features: Investment portfolio of 7 medical/professional office condos totaling 14,628 sq. ft.; Projected NOI of $185,416.92, representing an 11% Cap rate when fully leased.; 5 units currently leased, providing immediate income.
