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    60 Westwood Ave Waterbury, CT 06708

    Sponsored
    For Sale
    $254,900

    Prime Medical Office Space, $254,900

    Property size:
    4,632 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,632 square foot medical office condominium, located at 60 Westwood Ave in Waterbury, Connecticut, presents a unique investment opportunity. The property, built in 1987, is a single-story Class C building situated on a 4,632 square foot lot. Currently configured as suites 5, 6, 7, 8, 13, and 14, this versatile space offers the potential for division into two separate suites of 3,088 and 1,544 square feet, respectively. The existing layout includes exam rooms, laboratory space, a reception and waiting area, and multiple private offices, making it ideal for a variety of medical practices. The property is zoned CO and benefits from its convenient location, offering close proximity to both Waterbury and St. Mary's Hospital. Furthermore, its strategic position provides easy access to major transportation arteries, being just half a mile from Route 8 and I-84. This property is aggressively priced at $254,900, representing a compelling opportunity for medical professionals seeking a well-equipped and strategically located practice space. The property's features and location combine to create a highly desirable investment opportunity in a thriving Connecticut market. The asking price reflects a strong value proposition for a buyer seeking immediate occupancy and operational efficiency.

    Property Features for 60 Westwood Ave

    General Information

    Property type
    Medical offices
    Square Feet
    4,632 SF
    Class
    C

    Building Details

    Year Built
    1987
    Stories
    1

    HighLights

    • 4,632 SF Medical Condominium.
    • Consisting of Suites 5, 6, 7, 8, 13, and 14.
    • Divisible into two 3,088 SF and 1,544 SF suites.
    • Features exam rooms, lab space, reception/waiting area, and multiple private offices.
    • Conveniently located near Waterbury and St. Mary's Hospitals.
    • Less than a half‑mile to Routes 8 and I‑84.
    Property Profile Location Intelligence

    Current Use by Public Records

    Westwood Medical Center Medical Center CT Sinus Center Otolaryngology Clinic Perspectives Center for Care, ... Mental Health Clinic Randy Carrin, Psy.D., ... Psychologist The Center for Obstetrics and Gynecology ... Medical Clinic

    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
    -73.0640012
    Latitude
    41.56137

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, $254,900
    Where is this medical office located?
    The property is located at 60 Westwood Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $254,900.
    What are key features of this property?
    This property features: 4,632 SF Medical Condominium.; Consisting of Suites 5, 6, 7, 8, 13, and 14.; Divisible into two 3,088 SF and 1,544 SF suites.
    Request Owner's contact information
    60 Westwood Ave Waterbury, CT 06708
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    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
    60 Westwood Ave Waterbury, CT 06708
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