725 Main StMiddletown, CT 06457
- Industrial properties
- 55,242 SF
Property Details for 725 Main St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.57 AC
- Property size (Sq ft)
- 55,242 SF
- Zone code
- B-1
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- MTWN M:22 L:0202
- APU
- MTWNM22L0202
Description
This exceptional 58,642 square foot retail and restaurant space, located at 725 Main St, Middletown, CT 06457, presents a unique opportunity. A former industrial building, it underwent a complete renovation in 2020, resulting in a Class A property with 20 suites, each offering 18-foot ceilings and ample natural light. Currently, 18,000 square feet are available, divisible into units ranging from 3,000 to 15,000 contiguous square feet. The building boasts a prominent location on Main Street, benefiting from high visibility and traffic volume exceeding 15,000 vehicles daily. Situated on a 1.57-acre lot with ample parking, the property offers easy access to State Route 9 via nearby on/off ramps. The building features a B-1 Central Business Zone designation and includes one loading dock. Landlord pays taxes and insurance. Custom build-outs are available, including dedicated HVAC and private restrooms. Join a thriving tenant mix in Middletown's revitalized downtown, close to the Connecticut River and numerous amenities. This is an ideal location to capitalize on the ongoing Riverfront Redevelopment and the city's vibrant atmosphere. The property's features include high ceilings, large windows, and a prime location in the trendy NoRa neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $10,453,947
- Hospitality
- $9,575,759
- Educational
- $7,966,920
- Medical
- $8,240,914
- Retail
- $12,392,986
Location Insight
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Latitude
- 41.5656
- Longitude
- -72.6541
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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