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Property profile & analytics
OFF-MARKET
Industrial properties

50 St Johns St Middletown, CT 06457

1,136 SF 0.08 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This 1,136 square foot flex space at 50 Saint Johns Street in Middletown, Connecticut, presents a fantastic opportunity for entrepreneurs. Located in the MXI zone, this single-story, 1960-built concrete building sits on a 0.08-acre lot and offers endless potential for various business ventures. The adaptable open floor plan allows for customization to suit diverse needs, whether it's a machine shop, auto repair facility, retail space, or other permitted uses. The property features a rear area suitable for storage or a private office, providing ample space for operations or inventory. Recent improvements include fresh paint, new windows and carpeting, and a two-year-old AC split unit. Heating is provided by a gas-powered forced hot air system, and the building is equipped with 3-phase electrical service. Parking is readily available, with space for up to six vehicles. Its convenient location offers easy access to Route 9, Hartford, and the shoreline, placing your business near the bustling downtown area of Middletown. The property is currently used as a martial arts studio, showcasing its versatility. The town's zoning allows for a wide range of business uses, including (but not limited to) catering services, production sites, liquor stores, convenience stores, dry cleaning, and laundries. Don't miss this exceptional opportunity to establish your business in a prime Middletown location. The asking price is $117,500.

Property profile
Verified
Property type Industrial properties
Year built 1960
Total area 1,136 SF
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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