385 Main St - Medical FOR SALE


West Haven, CT 06516
$925,000 USD
203-980-6412
385 Main St, West Haven, CT for Sale
$925,000 USD
Medical - FOR SALE
1/87
null | Request Cap Rate

385 Main St
West Haven, CT 06516


OVERVIEW

Alpha Capital Realty is pleased to present 385 Main Street, a 10,272 SF two-story medical/professional office building located in the downtown West Haven Central Business District, directly across from the West Haven Green. The property is configured with 12 professional and medical office suites, making it ideal for healthcare providers, professional service firms, or investors seeking a value-add office asset. The building is currently partially occupied by the owner’s podiatry practice, which utilizes three suites, along with one additional tenant currently paying $1,200 per month, providing initial income while leaving significant space available for additional tenants or owner occupancy. Situated on approximately 0.25 acres, the property includes 20 dedicated on-site parking spaces, with additional parking available through an adjacent municipal lot and on-street parking, providing convenience for tenants, patients, and visitors. Recent capital improvements include new windows installed in 2022, rooftop HVAC units installed in 2021, and updated building systems, enhancing the long-term operational efficiency of the property. Property Highlights • 10,272 SF medical / professional office building • 12 office suites configured for healthcare or professional tenants • Elevator-serviced building • 20 on-site parking spaces plus adjacent municipal parking • Owner-user or investment opportunity • Existing income with lease-up potential • Located in West Haven’s downtown medical and professional corridor Prime Location The property is strategically located near Yale New Haven Hospital, Yale University, the University of New Haven, and the Veterans Affairs Medical Center, all of which drive strong demand for medical and professional office space in the area. The site also offers convenient access to Interstate 95, Route 1, the Route 34 Connector, and the West Haven Metro-North Train Station, providing strong regional connectivity. This offering presents an excellent opportunity for medical groups, healthcare providers, professional firms, or investors looking to acquire a well-located office asset with significant value-add leasing potential in the Greater New Haven market.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Center of West Haven

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CBD

APN/PARCEL ID

WHAV-000035-000088

ASK ABOUT THIS PROPERTY

Justin SudolAlpha Capital RealtyMore Info
203-980-6412

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Justin SudolAlpha Capital RealtyMore Info
203-980-6412

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