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    1389 Main St Waterbury, CT 06708

    Sponsored
    For Lease
    $12 SF/Yr ($4,941 /Mo)

    Prime Medical Office Building, Abundant Parking

    Lot size:
    4,651 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional single-story medical office building, located at 1389 West Main Street in Waterbury, Connecticut, presents a unique leasing opportunity. The property boasts a total of 4,651 square feet, currently entirely vacant and available for lease. The building is situated on a 0.47-acre lot and offers flexible space options, with a minimum divisible unit of 918 square feet and a maximum contiguous space of 3,733 square feet, allowing for customization to suit various medical practices' needs. Built in 1964, the building is zoned CO (Commercial Office) and is conveniently located in New Haven County, with ample on-site parking available for patients and staff. The property's address is 1389 W Main St, Waterbury, CT 06708. This is an excellent opportunity for medical professionals seeking a well-located, spacious, and readily available office space in a thriving Connecticut community. The building is ideal for a variety of medical uses, offering the potential for a single large tenant or multiple smaller tenants. Interested parties should inquire about lease terms and conditions. The property is ready for immediate occupancy.

    Property Features for 1389 Main St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,651 SF
    Total Rate
    4941.69

    Building Details

    Year Built
    1964
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 106
    Size
    3,733 SF
    Rate per SF
    $12
    Space
    Suite 112
    Size
    918 SF
    Rate per SF
    $12

    HighLights

    • Rare ground floor medical office suite in Waterbury, CT.
    • Excellent location near I‑84, public transit, and numerous retail and medical amenities.
    • 4,651 SF vacant building, divisible to 918 SF minimum.
    • Open floor plan with former lab space; ideal for various medical uses.
    • 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 - Prime Medical Office Building, Abundant Parking
    Where is this medical office located?
    The property is located at 1389 Main St Waterbury, CT.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Rare ground floor medical office suite in Waterbury, CT.; Excellent location near I-84, public transit, and numerous retail and medical amenities.; 4,651 SF vacant building, divisible to 918 SF minimum.
    Request Owner's contact information
    1389 Main St 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
    1389 Main St Waterbury, CT 06708
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