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103 Main St

3,100 SF 100% Leased Office Building Ansonia, CT 06401 $499,900 ($161/SF)

Investment Highlights

  • Prime Location in Revitalized Business District: Situated in the heart of Ansonia's highly successful Main Street.
  • Versatile Zoning with Recent Upgrades.

Executive Summary

Space Overview: 103 Main Street features a total of 3,100 square feet across three floors. The first floor offers 900 SF of fully finished professional office space, while the second and third floors are vanilla shells, each with 1,100 SF. These upper floors are ready for customization into residential units, professional offices, warehouse spaces, or versatile flex spaces, perfect for various service industries.
Building Features: The second and third floors boast impressive ceiling heights ranging from 14 to 18 feet, highlighted by classic exposed brick and large, energy-efficient windows that flood the space with natural light, creating a bright and airy environment. The first floor, a historic landmark, was used as an attorney's office for over 30 years, presenting an excellent opportunity for either residential development on the upper floors or a flex space for an owner/user or investor.
Zoning & Use: The property benefits from flexible HI zoning, allowing for a wide range of potential uses, including Office, Retail, Lab Space, General Warehousing, Light Manufacturing, Storage, and more.
Recent Improvements: Owners and investors will appreciate the recent building upgrades, including a new roof, a completely updated first-floor office space, a new gas furnace, and a hot water heater. The first floor also features new flooring, fresh paint, new windows, and a fully furnished private conference room, reception area, four perimeter offices, and two bathrooms. The space is easily divisible, with a highly efficient layout and all necessary permits in place for updated mechanical, electrical, and plumbing systems.
Executive Summary: The property is situated on a 0.06-acre site with ample on-street parking, complemented by a free municipal lot just one block away on West Main Street. The location is highly accessible, near RT 8, RT 15 (Wilbur & Merritt Parkways), and within 10 miles of I-95 and US Route 1. It’s just 15 minutes to Milford and New Haven and 25 minutes to Tweed New Haven Airport, with the Metro-North Ansonia/Waterbury line only one block away.
Additional Highlights: This well-known historic building is directly across from the popular Uptown Restaurant (formerly CRAVE) in a revitalized Main Street business district. With 100 new apartments built within the past two years, Ansonia is experiencing a new wave of business development, with the town planning further economic growth and business opportunities soon.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,100 SF
Building Class
B
Year Built
1865
Price
$499,900
Price Per SF
$161
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,033 SF
Building FAR
1.19
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
HI - Flexible HI Zoning for a variety of potential uses, including office, retail, lab space, general warehousing, light manufacturing store and more.
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32968561

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 103 Main St, Ansonia, CT 06401

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