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    834 Washington St Middletown, CT 06457

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    For Lease
    Contact for pricing

    150,000 SF shopping center with high traffic and diverse tenants.

    Property size:
    7,000 SF
    Lot size:
    0.16 Acres

    Property Features for 834 Washington St

    General Information

    Size
    7,000 SF
    Lot size
    0.16 Acres

    Source: New Haven Group, Inc. Agent Steven K. Inglese, SIOR

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

    Overview

    Community Shopping Center on Route 66

    Middletown Plaza is a 150,000 square foot community shopping center situated on Route 66 in Middletown, CT. The center benefits from substantial traffic flow, with an average daily traffic count of 32,000 vehicles. Access is facilitated by two signalized traffic signals leading into the site. Anchored by a variety of retail and service-oriented tenants, the center maintains strong performance due to the daily traffic generated by its internet-resistant tenant mix. Current tenants include Big Lots, Staples, Petco, Advanced Auto, Town Fair Tire, and Middlesex Hospital, in addition to various restaurants and service providers. A new 8,000 square foot pad site is available, offering drive-through capability. Planet Fitness occupied a new facility in the summer of 2022.
    Insight Report Location Intelligence

    Current Use by Public Records

    Citizens Bank Citizens Bank Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6802427
    Latitude
    41.5548237

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    FAQs

    What type of property is this?
    Strip mall - 150,000 SF shopping center with high traffic and diverse tenants.
    Where is this strip mall located?
    The property is located at 834 Washington St Middletown, CT.
    What are key features of this property?
    This property features: - High-traffic location on Route 66 with 32,000 ADT.; - Anchored by national retail tenants including Big Lots, Staples, and Petco.; - Two signalized traffic signals provide easy site access.
    (203) 773-0030
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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
    834 Washington St Middletown, CT 06457
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