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    575 Floo Middletown, CT 06457

    For Sale
    $1,190,000

    7,184 SF Class A Office, Opportunity Zone

    Property size:
    7,184 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 7,184 square foot Class A office condominium, located at 575 Main Street, Unit 2nd Floor in Middletown, CT, presents a unique investment opportunity. Occupying the entire second floor of a 2008-constructed building, this pristine space boasts abundant natural light from windows on all sides, offering beautiful views of Main Street. The unit features a thoughtful blend of private offices and open collaborative areas, ensuring both privacy and teamwork efficiency. Convenient elevator access is provided. The property is fully accessible, including entryways, offices, and restrooms. Its prime location, just off State Route 9, places it within easy reach of Middlesex Hospital, Wesleyan University, Pratt & Whitney, and the Middletown Superior Court, making it ideal for businesses associated with these institutions or any office user seeking a prestigious address. Furthermore, this property is situated in a federally designated Opportunity Zone, offering potential tax advantages. The thriving downtown area, enhanced by the City of Middletown's Riverfront Redevelopment and significant private and public investment, makes this a compelling investment opportunity. The unit has been occupied by a single tenant since construction, demonstrating its quality and desirability. This is a rare chance to own a substantial, well-maintained office space in a rapidly developing area.

    Property Features for 575 Floo

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,184 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.65223
    Latitude
    41.56386

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    FAQs

    What type of property is this?
    Commercial real estate - 7,184 SF Class A Office, Opportunity Zone
    Where is this commercial real estate located?
    The property is located at 575 Floo Middletown, CT.
    What is the asking price?
    The asking price for this property is $1,190,000.
    (860) 344-5551
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    575 Floo Middletown, CT 06457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    575 Floo Middletown, CT 06457
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