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Property profile & analytics
OFF-MARKET
Medical Office Space

1127 Main St Waterbury, CT 06708-2764

4,080 SF 0.31 ac lot Built 1978
Entity Owned ~ Est. High Equity
Property ID
US15-0019720
Property summary
AI-generated overview

This exceptional 4,040 square foot commercial building, situated on a 0.74-acre lot at 1127 W Main Street in Waterbury, CT, presents a remarkable investment opportunity. The property boasts a versatile layout, ideally suited for a variety of professional uses. The main level, encompassing 2020 square feet, was previously occupied by a dental clinic and remains fully equipped for similar medical or professional practices. Its adaptable design makes it equally suitable for a rehabilitation center or law office. The lower level offers an additional 2000 square feet, currently divided into two distinct spaces. One 1000 square foot area served as a chiropractic office, readily convertible for other medical or therapeutic uses. The remaining 1000 square feet functioned as an accounting/bookkeeping office, adaptable to various office-based businesses. Given the high demand in this area, with office space rents ranging from $20 to $25 per square foot, this property offers significant rental income potential. The asking price of $799,900 represents a compelling investment opportunity for a discerning buyer seeking a strong return on investment in a desirable Waterbury location. The property's size, layout, and prime location combine to create a truly exceptional commercial offering.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Total area 4,080 SF
Lot 0.31 ac (13,504 SF)
Zoning code RO
APN WBRY M:0291 B:0032 L:0017
UPID US15-0019720
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Arciero Chiropractic Center Alternative Medicine Practice
  • Thomas Arciero, DC Alternative Medicine Practice
  • Affordable Auto Insurance Marketing & Advertising
  • Break Em Out Bail Bonds LLC Law Firm
  • Brandon J. Broderick, Personal Injury Attorney at Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gedc LLC
Gedc LLC
since 2025
Last sale
$500,000
7 recorded transactions
2025
$500,000
2010
Price N/A
2008
$617,500
2004
Price N/A
1999
$425,000
1994
Price N/A
1989
Price N/A
Zoning & alternative use
RO · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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