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Property profile & analytics
OFF-MARKET
Commercial real estate

575 Floo Middletown, CT 06457

7,184 SF Built 2008
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Year built 2008
Total area 7,184 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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