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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

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.
More about this property
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