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Prime Corner Retail Opportunity
For Lease
$70,000

598 Washington Street, Middletown, CT 06457

Land available for lease at a high-traffic intersection.

Space SizeContact for details
Lot Size0.43 Acres
Days on Market549

Property Features for 598 Washington Street

General Information

Standard status Active
Lot size 0.43 Acres
Property subtype Commercial

Building Details

Year Built 1946
Listing Agency: Samuel Lyman, Broker
Listed By: SAM LYMAN · License #REB.0793484
Source: Corcoran
Added: Feb 8, 2025 Changed: Jul 6 Last Checked: Aug 11 at 11:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samuel Lyman, Broker

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • High Traffic Location: 24,500 ADT
  • Located at a Traffic Light Intersection
  • Proposed QSR Drive‑Thru Pad

Property Analytics

Current Use

Bridge Industrial Manufacturer

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 53% Dining 38% Shops & Services 9%
Price Chopper Groceries
31,927 visits/mo 0.4 miles
Starbucks Dining
22,713 visits/mo 0.5 miles
TD Bank Shops & Services
5,299 visits/mo 0.5 miles

Demographics for 06457, CT

46,505
Population
22,138
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
40.7 sq mi
ZIP Area
1,143
Density / Sq Mi
$74,003
Median Household Income
$48,240
Median Earnings
$1,392
Median Rent
$279,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

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 Street Middletown, CT.
What is the lease rate?
The lease rate is $70,000.
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
More about this property
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