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184 High St Middletown, CT 06457

Prime Wesleyan University location, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 10,878 square foot rooming house presents a unique investment opportunity within the heart of Wesleyan University's campus in Middletown, Connecticut. Situated on a 0.2-acre lot at 184 High Street, this property enjoys a highly desirable location directly across from the site of Wesleyan's new $255 million science building. Currently configured as a 19-room rooming house, the property offers significant potential for redevelopment and increased rental income. The entire 10,878 square feet is currently vacant, providing a blank canvas for a future owner to renovate and reposition the property to meet current market demands. Given its proximity to the university and the anticipated increase in student and faculty population due to the new science building, this property is poised for strong rental returns. The property's location in Middlesex County, Connecticut, within the Wesleyan University Campus submarket, ensures a consistent stream of potential tenants. This is a rare opportunity to acquire a privately owned property within the Wesleyan University campus, offering exceptional long-term investment prospects. The existing structure provides a solid foundation for a variety of uses, subject to local zoning regulations. This property is being offered as a single-tenant building.

Highlights

  • Rare privately-owned property on Wesleyan University campus.
  • Prime location directly across from Wesleyan's new $255 million science building.
  • Excellent layout for continued rooming house operation.

Property Details for 184 High St

Property type
Specialty properties
RSF (Rentable sq. ft)
10,878 SF

Unit(s) available at that property

Space
Size
10,878 SF

Location Insight

City
Middletown
County
Middlesex
State
Connecticut
Latitude
41.554457834951
Longitude
-72.65426666482

FAQs

What type of property is this?
Specialty property - Prime Wesleyan University location, high rental potential.
Where is the specialty property located?
The property is located at 184 High St Middletown, CT.
What are key features of this property?
This property features: Rare privately-owned property on Wesleyan University campus.; Prime location directly across from Wesleyan's new $255 million science building.; Excellent layout for continued rooming house operation.
How can I contact the broker?
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184 High St
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