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Medical Center of West Haven 385 Main St 10,272 SF Office Building West Haven, CT 06516 $1,270,691 CAD ($123.70 CAD/SF)
Executive Summary
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.
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.
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- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,272 SF
Building Class
C
Year Built
1963
Price
$1,270,691 CAD
Price Per SF
$123.70 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,136 SF
Building FAR
0.94
Lot Size
0.25 AC
Zoning
CBD - Central Business District
Parking
20 Spaces (1.95 Spaces per 1,000 SF Leased)
Amenities
- Bio-Tech/ Lab Space
- Security System
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | WHAV-000035-000088 | Improvements Assessment | $1,134,116 CAD |
| Land Assessment | $106,161 CAD | Total Assessment | $1,240,277 CAD |
Property Taxes
Parcel Number
WHAV-000035-000088
Land Assessment
$106,161 CAD
Improvements Assessment
$1,134,116 CAD
Total Assessment
$1,240,277 CAD
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Medical Center of West Haven | 385 Main St
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