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Property profile & analytics
FOR LEASE
Industrial properties

42 E High St East Hampton, CT 06424

1.7 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US15-0442697
Property summary
AI-generated overview

This exceptional 2,320 square foot office space, located at 42 E High St Unit #203 in East Hampton, Connecticut, presents a unique opportunity for businesses seeking a move-in ready location. Situated on a 1.7-acre lot, this single-tenant space is ideally suited for medical offices, med-spas, or wellness centers, having previously served as a medical practice. The unit features seven exam rooms, a reception area, a central office/storage space, a lab room, two full bathrooms, and a spacious kitchen/break room. Built in 1990, the building is zoned C and boasts convenient amenities including an elevator, common restrooms, and ample parking. The property's 2,320 square feet are currently vacant and ready for immediate occupancy, eliminating the need for costly build-outs. The flexible layout allows for adaptation to various business needs, and the possibility of subdividing the space exists. This property offers a prime location in the heart of East Hampton, providing excellent visibility and accessibility. The Middlesex County location, with APN 978994, ensures a strategic position within the community. This is an exceptional opportunity to establish or relocate your business in a well-appointed and convenient space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.7 ac (74,052 SF)
Zoning code C
APN EHAM M:05A B:62A L:10
UPID US15-0442697
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
  • Adriel A. Kramer, MD Physician
  • Lakeview Court Apartment Building
  • Zack Cathy J MD Physician
  • Kimberly Legere-Sharples, MD, MSMEd Physician
  • ProHealth Physicians, Carrie Streim, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cher Casa Investments INC · 3 yrs held
Cher Casa Investments INC
since 2022
7 recorded transactions
2022
Price N/A
2010
Price N/A
2005
Price N/A
2003
Price N/A
1997
$1.0M
1994
$32,300
1994
Price N/A
Zoning & alternative use
C · East Hampton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

c. The applicant shall demonstrate that commercial/retail uses are of such nature to enhance and augment the development proposal and that all uses shall be compatible and inter -related. d. Occupancy of commercial/retail uses shall not be permitted prior to substantial completion of all buildings proposed for each phase. In developments consisting of multip…

Zone name Commercial
General category COMMERCIAL
Zone area 235.03 ac
Source Zoning Regulations 122025 PDF
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