Flex Space with Natural Gas
For Lease
$1,450/Mo
13 Portland St, Middletown, CT 06457
Commercial garage/shop space is available for immediate occupancy near Route 9 and Wesleyan University.
Space Size1,600 SF
Days on Market36
Property Features for 13 Portland St
General Information
Standard status
Active
Size
1,600 SF
Net Rentable
1,600 SF
Space & Availability
Available Space
1,600 SF
Contiguous Space
1,600 SF
Available From
Immediate
Additional Details
Highway Access
Yes
Building Details
Year Built
1920
Listing Agency:
William Pitt Sotheby's International Realty
(860) 538-7778
Listed By:
Sacha Armstrong · License #RES.0804343
Source:
Homesbyshoshana
Added: Jul 28
Changed: Aug 31
Last Checked: Aug 31 at 7:18PM
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 William Pitt Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 1,600 SF flex space provides a commercial garage and shop setting with natural gas heat. The property is available for immediate occupancy and can accommodate contractor, trade, storage, workshop, or small-business operations as identified for the space.
The property is located in downtown Middletown at 13 Portland St, with convenient access to Route 9 and proximity to Wesleyan University. Built in 1920, the building is also part of a larger mixed-use investment property offered for sale, providing additional context for users evaluating the space within a broader commercial asset.
The property is located in downtown Middletown at 13 Portland St, with convenient access to Route 9 and proximity to Wesleyan University. Built in 1920, the building is also part of a larger mixed-use investment property offered for sale, providing additional context for users evaluating the space within a broader commercial asset.
Key Highlights
- 1,600 SF commercial garage/shop space
- Natural gas heat
- Available for immediate occupancy
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,316
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Middletown, CT
$11.43 /SF/Yr
Avg Asking Price
$9–$13.13 /SF/Yr
Price Range
4,373 SF
Avg Space Size
This space is priced 5% below the average of $11.43 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- The Kitchen at Futures Inc. — 158 Broad St, Middletown, CT 06457
Frequently Asked Questions
What type of property is this?
Flex space - Commercial garage/shop space is available for immediate occupancy near Route 9 and Wesleyan University.
Where is this flex space located?
The property is located at 13 Portland St Middletown, CT.
What is the lease rate?
The lease rate is $1,450/Mo.
What are key features of this property?
This property features: 1,600 SF commercial garage/shop space; Natural gas heat; Available for immediate occupancy
