800 Main StSouthbury, CT 06488

  • Other commercial real estate
  • 60,832 SF
For Lease
$19.95/SF/YR View listing

Property Details for 800 Main St

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
7.85 AC
Property size (Sq ft)
60,832 SF
Zone code
B-3B
Property type
Other commercial real estate
Property subtype
Showrooms
APN
SBUR M:24 B:80 L:8
APU
SBURM24B80L8

Description

This exceptional two-story medical office building, located at 800 Main Street South in Southbury, Connecticut, offers 60,000 square feet of prime commercial space. Currently, there are multiple suites available for lease, ranging from a minimum of 1,302 square feet to a maximum contiguous space of 7,132 square feet. A significant 30,971 square feet is currently vacant, presenting a unique opportunity for expansion or new tenancy. The building features a convenient 10-foot ceiling height throughout, ensuring ample space and functionality. Modern conveniences include elevators for easy access to both floors. The property is zoned for commercial use, making it ideal for a variety of medical practices. The building's location in Southbury, CT, zip code 06488, provides excellent accessibility and visibility. This is a fantastic opportunity to secure high-quality medical office space in a thriving Connecticut community. The available spaces are perfect for medical professionals seeking a modern, well-maintained facility to establish or expand their practice. Inquire today to learn more about leasing options and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,784,300
    6.5%
    $13,647,046
    7%
    $12,672,257
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,029,738
    Geo Method
    $20,029,738
  • Alternative Use

    Use
    Valuation
    Residential
    $11,511,794
    Hospitality
    $10,544,741
    Educational
    $8,773,101
    Medical
    $9,074,821
    Retail
    $13,647,046
800 Main St, Southbury, Connecticut

Location Insight

City
Southbury
County
New Haven
State
Connecticut
Latitude
41.4631
Longitude
-73.2336
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$49,037
$355,070
$1,824,340
$2,179,410
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-
-
-

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