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    1389 Main St Waterbury, CT 06708

    Sponsored
    For Sale
    $87,210

    Ground floor medical office, ideal location.

    Property size:
    918 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 918-square-foot medical office suite is situated at 1389 West Main Street, #112, Waterbury, CT 06708, in New Haven County. Priced at $87,210 ($100.22/sq ft), this single-story, 1964-built property offers a rare ground floor opportunity. The 0.47-acre lot is zoned CO, providing flexibility for various medical uses. The space boasts an open floor plan, previously utilized as a cardiology testing site, including a former lab space. Its convenient location offers easy access to I-84, public transportation, and a wealth of retail and medical amenities. This presents a unique chance to acquire a well-positioned medical office space with potential tenant incentives. Serious inquiries are encouraged to explore this promising investment opportunity. The property features a functional layout suitable for a variety of medical practices. Don't miss this chance to own a prime medical office in a thriving Connecticut community.

    Property Features for 1389 Main St

    General Information

    Property type
    Medical offices
    Square Feet
    918 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1964
    Stories
    1

    HighLights

    • Ground floor professional/medical office suite.
    • Excellent I‑84 access, near public transit and numerous retail/medical amenities.
    • 918+/- SF, previously a cardiology testing facility.
    • Features an open floor plan.
    • Includes former lab space.
    • Tenant incentives available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Greater Waterbury Oral ... Oral Surgeon John J. Hillgen, ... Oral Surgeon Lisa S Veiga ... Dentist Endodontic Associates: Turek ... Dentist Endodontic Associates: Jason ... Endodontist

    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
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0658
    Latitude
    41.550169

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    FAQs

    What type of property is this?
    Medical office - Ground floor medical office, ideal location.
    Where is this medical office located?
    The property is located at 1389 Main St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $87,210.
    What are key features of this property?
    This property features: Ground floor professional/medical office suite.; Excellent I-84 access, near public transit and numerous retail/medical amenities.; 918+/- SF, previously a cardiology testing facility.
    Request Owner's contact information
    1389 Main St Waterbury, CT 06708
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    Realmo Value Estimation

    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.

    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.

    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
    1389 Main St Waterbury, CT 06708
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