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    575 Main St Middletown, CT 06457
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    Property profile & analytics

    575 Main St, Middletown, CT 06457

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    • Office Spaces
    • 7,814 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Susan Dalrymple / Physician
    • Choice Magazine / Publishing House
    • Dr. Thomas Mcmanus / Dental Office
    • Amazon Locker - Leghorn / Postal Service / Courier Service
    • It's Only Natural Market / Specialty Food Shop

    Property Details for 575 Main St

    Year built
    2008
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 7,814-square-foot Class A office condominium is available for sale. Located on the second floor of 575 Main Street in Middletown, Connecticut's vibrant downtown, this vacant unit offers a unique owner-user investment opportunity. Built in 2008, the property boasts a desirable location in a federally designated Opportunity Zone, providing potential tax advantages. The entire second floor is encompassed by this single unit, easily accessible via elevator. The space features abundant natural light from windows on all sides, offering beautiful views of Main Street. The layout seamlessly blends private offices with open collaborative areas, catering to diverse business needs. Its prime location offers easy access to State Route 9 and proximity to Middlesex Hospital, Wesleyan University, Pratt & Whitney, and the Middletown Superior Court, making it ideal for a variety of office users. The unit is fully accessible, including entryways, offices, and restrooms. With Middletown's ongoing riverfront redevelopment and significant private and public investment in the downtown area, this property presents a compelling opportunity to establish a presence in a thriving community. The asking price is $1,190,000, with a price per square foot of $152.29. The property is zoned B-1 Central Business Zone. The unit has been previously occupied by a single tenant. Occupancy is available October 1, 2024.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6529
    Latitude
    41.5409
    More about this property
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