General Business Retail
For Sale
Contact for pricing
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 Market50
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 San Francisco
Listed By:
Jeff Gates · License #CA 01768554
(415) 231-5231
Source:
Crexi
Added: Aug 31
Changed: Oct 8
Last Checked: Oct 16 at 8:48AM
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 San Francisco
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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.
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
156k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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
