2271 Main St Waterbury, CT 06705-2610
- Office buildings
- 4,820 SF
- 0.22 lot acres
Current Use by Public Records
- Kanagaratnam Jegathesan PC / Medical Clinic / Pulmonologist
- Jegathesan Kanagaratna MD / Doctor
- Electrician Pros Waterbury / Electrician
Property Details for 2271 Main St
- Year built
- 1957
- Lot size
- 0.22 lot acres
- Property size
- 4,820 SF
- Zone code
- CG
- Property type
- Office buildings
- APN
- WBRY M:0375 B:0134 L:0101
- APU
- WBRYM0375B0134L0101
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $355,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $405,000
- Mixed-Use
- $310,000
- Hospitality
- $325,000
- Educational
- $320,000
- Residential Income
- $410,000
- Energy
- $335,000
- Income-Based Land
- $390,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0042
- Latitude
- 41.5443
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA