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General Business Retail Space
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871 Washington Street, Middletown, CT 06457

The 2017-built property offers a 2,000-square-foot retail setting under General Business zoning.

Property Size2,000 SF
Price / SF$1,381
Days on Market4

Property Features for 871 Washington Street

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 25
Property subtype Retail
Zoning General Business
Lease Type NN
Investment Type Net Lease
Net Operating Income $145,000

Additional Details

Cap Rate 5.25%

Building Details

Year Built 2017
Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Jeff Gates · License #CA 01768554
Source: Crexi
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 2 at 2:08PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This retail space contains 2,000 square feet within a building constructed in 2017. The property carries General Business zoning and is identified as a Starbucks location at 871 Washington Street in Middletown, Connecticut.

The offering is presented for sale with a stated 5.25% CAP rate. Its retail classification, established building vintage, and defined zoning provide a concise framework for evaluating the property as a commercial real estate asset.

Key Highlights

  • 2,000‑square‑foot retail space
  • Built in 2017
  • General Business zoning

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Restaurant Real Estate Agency Spa & Massage Center Dental Office

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

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby
156k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Groceries 20% Home Improvements & Furnishings 19% Shops & Services 11%
Price Chopper Groceries
31,927 visits/mo 0.0 miles
The Home Depot Home Improvements & Furnishings
29,968 visits/mo 0.1 miles
McDonald's Dining
29,277 visits/mo 0.2 miles
Starbucks Dining
22,713 visits/mo 0.1 miles
Wendy's Dining
12,016 visits/mo 0.3 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The 2017-built property offers a 2,000-square-foot retail setting under General Business zoning.
Where is this retail space located?
The property is located at 871 Washington Street Middletown, CT.
What is the asking price?
The asking price for this property is $2,762,000.
What are key features of this property?
This property features: 2,000‑square‑foot retail space; Built in 2017; General Business zoning
(415) 231-5231 Call to check price and availability
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