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29075228
29075229

162 E Main St, Clinton, CT 06413

O, R&L Commercial Branford
JL
CT RES.0766102
O, R&L Commercial Branford
Listed by O, R&L Commercial Branford
$675,000
155 days on market
Updated 60 days ago

162 East Main Street

Details
Property Type Office
Sub Type Medical Office
Square Footage 4,656
Cap Rate 9.45%
NOI $63,777
Occupancy 100%
Tenancy Multi
Price per SqFt $145
Class B
Year Built 2001
Buildings 1
Stories 1
Acreage 0.570
Zoning V-Z
Investment Type Net Lease

100% Leased Medical Building - Investment | 9.4% Cap

Marketing description

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.

Investment highlights

  • Investment Opportunity - 9.4% Cap!

  • 4,656 SF Medical Building for Sale

  • Net Operating Income (NOI): $63,777

  • 100% Occupied

  • Anchor Tenant: ProHealth Physicans plus 2 small office tenants

  • Built in 2001 for Pediatric Group

  • Route 1 Location with 14,400 ADT

Listing Contacts

O, R&L Commercial Branford
JL
CT RES.0766102
O, R&L Commercial Branford
Listed by O, R&L Commercial Branford

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$63,777.00
$5,314.75/mo

Valuation Metrics

0
DSCR
9.45%
Cap Rate
9.45%
ROI

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Additional Information

Name
Samuel Crampton
License
0830683
Brokerage
O, R&L Commercial
Title
Real Estate Sales Person
Brokerage Address
2 Summit Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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