3005 Main StWaterbury, CT 06705

Property Details for 3005 Main St

Year built

1965

Lot size

0.31 AC

Property size (Sq ft)

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

Latitude

41.5457

Longitude

-72.9869

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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