366 Main StMiddletown, CT 06457

  • Other commercial real estate
  • 70,155 SF
For Lease
$14.04/SF/YR View listing

Property Details for 366 Main St

Year built
1880
Construction
FRAME
Lot size
0.89 AC
Property size (Sq ft)
70,155 SF
Zone code
B-1
Property type
Other commercial real estate
Property subtype
Showrooms
APN
MTWN M:22 L:0603
APU
MTWNM22L0603

Description

This exceptional Middletown, Connecticut office space at 366 Main St, 06457, offers a diverse range of options for businesses of all sizes. Located in Middlesex County, this property provides flexible solutions for various needs, including traditional office space, executive suites, coworking areas, medical offices, and creative work environments. The space caters to multiple tenants, allowing for scalability and customization. Options range from fully furnished and equipped private offices tailored to individual requirements, accommodating teams from one person to over 100, to shared coworking spaces and hot desks. Meeting rooms are available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities, suitable for informal meetings, training sessions, or formal conferences. Furthermore, virtual office solutions are offered, including prestigious business addresses, mail handling services, and professional virtual assistant support. Flexible working plans provide access to a global network of workspaces, offering options for 5, 10, or unlimited days per month, allowing for seamless collaboration and expansion across various locations. The property's central location in Middletown provides easy access to local amenities and transportation. Inquire today to explore the possibilities and find the perfect workspace to suit your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,050,114
    6.5%
    $15,738,567
    7%
    $14,614,383
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,099,460
    Geo Method
    $23,099,460
  • Alternative Use

    Use
    Valuation
    Residential
    $13,276,070
    Hospitality
    $12,160,809
    Educational
    $10,117,650
    Medical
    $10,465,612
    Retail
    $15,738,567
366 Main St, Middletown, Connecticut

Location Insight

City
Middletown
County
Middlesex
State
Connecticut
Latitude
41.5617
Longitude
-72.6495
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$168,694
$295,440
$4,510,650
$4,806,090
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-
-
-

FAQs

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