110 Coe AveMiddletown, CT 06457

Property Details for 110 Coe Ave

Year built

1953

Construction

FRAME

Lot size

0.41 AC

Property size (Sq ft)

1,281 SF

Zone code

B-2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

MTWN M:43 L:0414

APU

MTWNM43L0414

Description

This exceptional 1,281 square foot commercial property at 110 Coe Avenue in Middletown, CT, presents a unique investment opportunity. Situated on a 0.41-acre lot, this property boasts a prime location offering excellent visibility and accessibility. Its strategic placement near I-91 and Route 9 ensures convenient access for customers and employees. The property benefits from its proximity to major traffic generators, including Middlesex Hospital, a leading healthcare facility, Wesleyan University, Middlesex Community College, Xavier High School, and local Middletown schools, creating a substantial potential customer base. The immediate adjacency to the Tradewinds Shopping Center, with its diverse mix of restaurants, retail shops, and a car wash, further enhances the property's appeal and foot traffic. The spacious interior is adaptable to a variety of uses, making it suitable for retail stores, medical offices, professional services, or a mixed-use development. Ample parking is available, catering to the needs of businesses and their clientele. This property offers a rare chance to acquire a highly desirable commercial space in a thriving Middletown location, presenting significant potential for growth and return on investment. The asking price is $479,900.

• CAP approach

  CAP return

  Valuation

  6%

  $311,328

  6.5%

  $287,379

  7%

  $266,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $421,786

  Geo Method

  $421,786

• Alternative Use

  Use

  Valuation

  Residential

  $242,415

  Hospitality

  $222,051

  Educational

  $184,744

  Medical

  $191,098

  Retail

  $287,379

Location Insight

City

Middletown

County

Middlesex

State

Connecticut

Latitude

41.5363

Longitude

-72.6174

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.