For Sale
$240,000

27 Hospital AveDanbury, CT 06810

High-ROI Medical Office, CT

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents two fully leased medical office condos located at 27 Hospital Avenue, Unit 201, Danbury, CT 06810. The combined 1,136 square foot space boasts a strong net operating income (NOI) of $18,295. Currently occupied by Novella OI Infusion Services (Unit 101) and Samaritan Health Services (Unit 201), both units underwent complete renovations in 2022 and 2024, respectively. Each condo benefits from approximately three years remaining on its lease, with options to renew, generating an annual rent of $28,800. The property features city water, sewer, and gas services. Annual property taxes are $2,969, and common charges amount to $628 per month. Strategically located directly across from Danbury Hospital, this property sits in the heart of Danbury's medical center, ensuring high visibility and accessibility. The property is zoned CG-20 and was built in 1988. This offering presents a compelling investment opportunity, with the option to purchase either unit individually or as a combined package. The asking price for the combined units is $240,000.

Highlights

  • $240,000 asking price for a 1,136 SF medical office condo.
  • Located at 27 Hospital Avenue, Unit 201, Danbury, CT 06810.
  • Currently leased to Novella OI Infusion Services and Samaritan Health Services.
  • Fully renovated in 2022 and 2024.
  • Features approximately three-year leases with options, generating $28,800 annual rent.
  • $18,295 Net Operating Income (NOI).

Property Details for 27 Hospital Ave

Property type
Office properties, Medical offices
Square Feet
1,136 SF
Year Built
1988

Location Insight

City
Danbury
County
Fairfield
State
Connecticut
Latitude
41.4062264
Longitude
-73.4514524
27 Hospital Ave, Danbury, Connecticut

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27 Hospital Ave
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