3005 Main St Waterbury, CT 06705-3424

Property Details for 3005 Main St

Year built

1965

Lot size

0.31 lot acres

Property size

3,000 SF

Zone code

CA

Property type

Retail space

APN

WBRY M:0378 B:0149 L:0027

APU

WBRYM0378B0149L0027

Description

This exceptional investment opportunity presents a 3,000-square-foot freestanding medical office building situated on a 0.31-acre lot in Waterbury, Connecticut. The property, located at 3005 E Main St, 06705, is conveniently located just 0.5 miles from I-84, offering excellent access and visibility. Currently, the building houses two tenants, with a 33% occupancy rate. One tenant occupies approximately 2,000 square feet, while the other occupies 1,000 square feet, paying a monthly rent of $1,500 on a month-to-month lease. The building features separate utilities for each tenant, and ample on-site parking is available. The asking price is $495,000, translating to $165 per square foot. The property is zoned CA and consists of a single-story building with five units. This presents a unique chance to acquire a well-located medical office building with potential for increased occupancy and rental income. The previous tenants included a salon and day spa, and a deli. This versatile property is ideal for a variety of medical uses or potential redevelopment. The gross lease structure simplifies management. This is a rare opportunity to own a freestanding building in a desirable location with significant upside potential.

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Longitude

-72.9869

Latitude

41.5457

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments