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Property profile & analytics

109 Broad St Middletown, CT 06457-3236

  • Showrooms
  • 3,874 SF
  • 0.24 lot acres
OFF-MARKET
Last Sale
Dec 07, 2022
$625,000
Value Estimations
$560,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0659387
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Millard Group / Employment Agency

Property Details for 109 Broad St

Year built
1850
Construction
FRAME
Lot size
0.24 lot acres
Property size
3,874 SF
Zone code
MXC
Property type
Showrooms
APN
MTWN M:24 L:0100
APU
MTWNM24L0100

Description

This exceptional 3,874 square foot, two-story office building at 109 Broad Street in Middletown, Connecticut, is available for sale or lease. Completely renovated in 2018, this prominent building boasts high ceilings, hardwood floors, a full kitchen, multiple restrooms on each floor, and an updated HVAC system. It's fully furnished and move-in ready, offering ample on-site parking and additional basement storage. The MXC zoning permits a variety of uses, including traditional office, executive office, and medical office space. Its prime location, just one block from over 50 restaurants and bars, and within walking distance of Wesleyan University, Middlesex Hospital, and the Middlesex County Courthouse, makes it an ideal company headquarters. The building's highly visible corner location and proximity to Route 9 (a quarter-mile away) offer excellent visibility and accessibility. Its attractive features and convenient location also present a compelling opportunity for multifamily conversion. The building's Walk Score of 91 reflects its pedestrian-friendly environment in a vibrant downtown setting. This is a rare opportunity to acquire a trophy property in a thriving Connecticut community. The building has been meticulously maintained and is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $560,000
    ML approach
    $600,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $587,000
    Market price range: $300k - $600k
    AI Estimate
    $512,000
    Market price range: $185k - $557k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Middletown
County
Middlesex
State
Connecticut
Longitude
-72.6521
Latitude
41.5594
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,131
$137,660
$293,430
$431,090
-
$0.00
$0.00
$0.00
More about this property
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