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    44 Washington St Middletown, CT 06457

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    For Sale
    $474,900

    Fully occupied mixed-use property with parking in downtown Middletown.

    Property size:
    4,108 SF
    Lot size:
    0.21 Acres

    Property Features for 44 Washington St

    General Information

    Size
    4,108 SF
    Lot size
    0.21 Acres

    Source: Trevor Davis Commercial Real Estate Agent Trevor Davis

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

    Overview

    Downtown Mixed-Use Investment Opportunity

    This fully occupied mixed-use property is located in downtown Middletown, benefiting from high daily traffic. The property includes 17 deeded parking spots. The property generates an income of almost $56,000 per year. The first floor features a completely renovated commercial office space, currently occupied by a real estate brokerage. The second floor apartment has been professionally lead abated. Tenants in the second and third floor apartments cover all utility costs. The property has completely separate utilities with a recently upgraded electrical system. New water and sewer lines have been installed to the street. The property offers potential for various business uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Next Rock Consulting Consultant Lyndsay Stutz- Our ... Real Estate Agent Sarah McMillan, Our ... Real Estate Agent Our Home Realty ... Real Estate Agent Kathleen Mullins- Our ... Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6494005
    Latitude
    41.563351

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    FAQs

    What type of property is this?
    Office building - Fully occupied mixed-use property with parking in downtown Middletown.
    Where is this office building located?
    The property is located at 44 Washington St Middletown, CT.
    What is the asking price?
    The asking price for this property is $474,900.
    What are key features of this property?
    This property features: - High income property generating almost $56k annually.; - Prime downtown location with high traffic.; - 17 deeded parking spots included, generating $4,650 monthly income.
    (860) 883-4633
    Request Owner's contact information
    44 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
    44 Washington St Middletown, CT 06457
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