162 E Main St - Medical FOR SALE


Clinton, CT 06413
$675,000 USD
203-343-8426
162 E Main St, Clinton, CT for Sale
$675,000 USD
Medical - FOR SALE
1/6
null | 9.45% Cap Rate

162 E Main St
Clinton, CT 06413


HIGHLIGHTS

  • 4,656 SF Medical Office Building - Investment Opportunity
  • 100% Occupied - 9.4% Cap
  • Anchor Tenant: ProHealth Physicians plus 2 small office tenants
  • Built in 2001 for Pediatric Group
  • Route 1 Location with 14,400 ADT

OVERVIEW

O,R&L Commercial is pleased to present a prime Medical Building Investment Opportunity at 162 East Main Street in Clinton, CT located along Clinton’s primary commercial corridor. This well maintained classic New England building totals 4,656± SF and is anchored by a long-standing medical tenant, ProHealth Physicians – Shoreline Pediatrics & Adolescent Medicine, a respected regional healthcare provider. ProHealth has recently renewed and extended its lease at this location. The balance of the building is occupied by two additional small medical tenants providing a diversified rent roll and consistent cash flow. Strategically positioned on East Main Street (Route 1), the property benefits from excellent visibility, convenient access, proximity to I-95, downtown Clinton, and the shoreline community’s retail and service amenities. The building offers ample on-site parking and a professional setting ideal for medical uses. With strong tenancy, stable occupancy, and a desirable location in one of Connecticut’s sought-after shoreline towns, 162 East Main Street represents a compelling opportunity for investors seeking a reliable, low maintenance commercial asset with healthcare credit tenancy.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

9.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

V-Z

APN/PARCEL ID

CLIN-000068-000065-000052-000001

ASK ABOUT THIS PROPERTY

Sam CramptonO, R & L CommercialMore Info
203-343-8426

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Sam CramptonO, R & L CommercialMore Info
203-343-8426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.