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Property profile

98 Washington St Middletown, CT 06457

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 450-square-foot office space is situated on the second floor of a three-story Class B building at the highly visible corner of Main and Washington Streets in downtown Middletown. The building, renovated in 2016, offers convenient on-site parking—a rare find in this location—with two total spaces available. This single-room office boasts stunning Main Street views and is easily accessible via elevator in this handicap-accessible building. The space is part of a multi-tenant building and is currently vacant. All utilities are included in the monthly rent. This is a unique opportunity to secure a prominent office space in a prime downtown location. The building consists of one structure with three stories. The property is classified as Retail, Office, and Special Purpose, with sub-types including Medical Office, Executive Office, and Traditional Office. This address offers unparalleled visibility and accessibility, making it an ideal location for a variety of businesses. Contact us today to schedule a viewing.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production
  • Real Estate Agency
  • Travel Agency
  • Law Firm
  • Physician

Location

98 Washington St Middletown, CT 06457
Middletown metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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