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    598 Washington St Middletown, CT 06457

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    For Lease
    $70,000

    Land available for lease at a high-traffic intersection.

    Lot size:
    0.43 Acres

    Property Features for 598 Washington St

    General Information

    Standard status
    Active
    Lot size
    0.43 Acres

    Building Details

    Year built
    1946

    Source: Samuel Lyman, Broker Agent SAM LYMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Retail Opportunity

    This commercial land is located at the intersection of Washington Street and Bernie O'Rourke/West Street, benefiting from a traffic light. The location supports a proposed Quick Service Restaurant (QSR) with drive-thru potential. The site is equipped with city water, gas, and sewer services. The area experiences a traffic count of 24,500 ADT. Nearby tenants include Home Depot and Starbucks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bridge Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.672708
    Latitude
    41.5553572

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    FAQs

    What type of property is this?
    Drive through restaurant - Land available for lease at a high-traffic intersection.
    Where is this drive through restaurant located?
    The property is located at 598 Washington St Middletown, CT.
    What are key features of this property?
    This property features: - High Traffic Location: 24,500 ADT; - Located at a Traffic Light Intersection; - Proposed QSR Drive-Thru Pad
    (860) 876-0359
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    598 Washington St Middletown, CT 06457
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    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
    598 Washington St Middletown, CT 06457
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