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Property profile & analytics
OFF-MARKET
Office buildings

2271 Main St Waterbury, CT 06705-2610

4,820 SF 0.22 ac lot Built 1957
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0912786
Property summary
AI-generated overview

This exceptional 4,820-square-foot medical office building is situated at 2271 East Main Street in Waterbury, Connecticut, zip code 06705. Built in 1957, the property sits on a 0.22-acre lot and is zoned CG, offering significant potential for a variety of medical or professional uses. The building boasts a spacious interior with 9-foot ceilings, providing ample room for comfortable and efficient operations. Its convenient location offers easy access to Interstate 84, ensuring excellent accessibility for patients and staff. The asking price for this turnkey opportunity is $399,500. This stand-alone building presents a rare chance to acquire a well-established property in a thriving area. The previous owners are retired, presenting a unique opportunity for a new owner to establish their practice or expand an existing one. The property's classification includes both retail and office space, making it versatile and adaptable to various needs. Its prime location and substantial square footage make it an attractive investment for those seeking a well-established medical or professional office space in a highly accessible location within Waterbury, New Haven County. The property's size and zoning provide flexibility for future expansion or adaptation to evolving business needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Total area 4,820 SF
Lot 0.22 ac (9,583 SF)
Zoning code CG
APN WBRY M:0375 B:0134 L:0101
UPID US15-0912786
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
  • Kanagaratnam Jegathesan PC Medical Clinic
  • Jegathesan Kanagaratna MD Physician
  • Electrician Pros Waterbury Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Aks Realty LLC · 1 yrs held
Aks Realty LLC
since 2024
Last sale
$375,000
6 recorded transactions
2024
$375,000
2010
Price N/A
2001
Price N/A
1994
Price N/A
1992
Price N/A
1991
$290,000
Zoning & alternative use
CG · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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