For Sale
$210,000

27 Hospital AveDanbury, CT 06810

Prime medical office, strong lease, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1,468-square-foot medical office condo, located at 27 Hospital Ave, Unit 101 in Danbury, Connecticut (06810), presents a compelling investment opportunity. Currently leased to Novella OI Infusion Services, the unit boasts a strong, approximately three-year lease remaining with renewal options, generating an annual net operating income (NOI) of $16,028. The condo underwent a complete renovation in 2022, ensuring modern and efficient space for medical professionals. Situated in Fairfield County, this property benefits from its convenient location directly across from Danbury Hospital, placing it within the heart of the Danbury Medical Center. The unit is served by city water, sewer, and gas. Annual property taxes are $3,600, and monthly common charges amount to $811. This offering represents a stable, income-producing asset in a high-demand medical market. While this unit is being offered individually, it is also available for sale in conjunction with Unit 201 (Samaritan Health Services), which is also fully leased and recently renovated (2024). The combined purchase offers significant potential for increased returns. This is a rare opportunity to acquire a turnkey medical office condo with a proven track record of success.

Highlights

  • 1,468 SF medical office condo, Unit 101, leased to Novella OI Infusion Services.
  • Adjacent Unit 201 (Samaritan Health Services) also available for sale.
  • Units can be purchased individually or together.
  • Completely renovated (Unit 101: 2022; Unit 201: 2024).
  • City water, sewer, and gas.
  • Approx. three-year lease with options, generating $29,360 annual rent.

Property Details for 27 Hospital Ave

Property type
Office properties, Medical offices
Square Feet
1,468 SF

Location Insight

City
Danbury
County
Fairfield
State
Connecticut
Latitude
41.4063976
Longitude
-73.4465571
27 Hospital Ave, Danbury, Connecticut

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27 Hospital Ave
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