For Sale
$2,650,000

62 Washington St Middletown, CT 06457

Prime Middletown location, renovated, strong leases.

Overview

Added:
Feb 3
Days on market:
81
This exceptional mixed-use commercial property, located at 62 Washington Street in Middletown, Connecticut, presents a compelling investment opportunity. The building boasts a substantial 27,140 square feet of space spread across three floors. A complete renovation ensures modern amenities and functionality throughout. The ground floor offers attractive mixed-use retail space, perfectly positioned across from a convenient and affordable municipal parking lot, guaranteeing high foot traffic and accessibility for customers and employees. The upper three floors provide ample office space, currently benefiting from long-term leases, ensuring a stable and predictable income stream. The property sits on a 0.41-acre lot, providing ample space and potential for future expansion or outdoor amenities. Its strategic location offers unparalleled convenience, with easy access to Route 9 and all major highways within a half-mile radius, ensuring seamless connectivity for tenants and clients. This property represents a rare blend of prime location, modern updates, and strong, established tenancy, making it an ideal investment for discerning buyers seeking a stable and appreciating asset in a thriving Connecticut market. The building's combination of retail and office space caters to a diverse range of potential tenants, maximizing rental income and minimizing vacancy risk. The long-term leases in place further enhance the investment's stability and predictability. This is a turnkey opportunity to acquire a high-performing commercial property in a desirable location.

Property Details for 62 Washington St

Property type
Commercial real estate
Square Feet
27,140 SF
Year Built
1890
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Middletown
County
Middlesex
State
Connecticut
Latitude
41.56282
Longitude
-72.65029

FAQs

What type of property is this?
Commercial real estate - Prime Middletown location, renovated, strong leases.
Where is the commercial real estate located?
The property is located at 62 Washington St Middletown, CT.
What is the asking price?
The asking price for this property is $2,650,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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62 Washington St
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