Property profile

366 Main St Middletown, CT 06457

OFF-MARKET
Showrooms
Property ID
US15-0097887
70,155 SF 0.89 ac lot Built 1880
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Middletown, Connecticut office space at 366 Main St, 06457, offers a diverse range of options for businesses of all sizes. Located in Middlesex County, this property provides flexible solutions for various needs, including traditional office space, executive suites, coworking areas, medical offices, and creative work environments. The space caters to multiple tenants, allowing for scalability and customization. Options range from fully furnished and equipped private offices tailored to individual requirements, accommodating teams from one person to over 100, to shared coworking spaces and hot desks. Meeting rooms are available for short-term or long-term use, equipped with Wi-Fi and presentation capabilities, suitable for informal meetings, training sessions, or formal conferences. Furthermore, virtual office solutions are offered, including prestigious business addresses, mail handling services, and professional virtual assistant support. Flexible working plans provide access to a global network of workspaces, offering options for 5, 10, or unlimited days per month, allowing for seamless collaboration and expansion across various locations. The property's central location in Middletown provides easy access to local amenities and transportation. Inquire today to explore the possibilities and find the perfect workspace to suit your business needs.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1880
Construction FRAME
Total area 70,155 SF
Lot 0.89 ac (38,768 SF)
Zoning code B-1
APN MTWN M:22 L:0603
UPID US15-0097887

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
  • Corporate Office

Location

366 Main St Middletown, CT 06457
Middletown metro Census 541600 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.55M
Blend (final) Blend
$6.13M

Owner & transaction history

since 2006
7 recorded transactions
2020
Price N/A
2006
$1.3M
2003
$1.0M
2003
Price N/A
2000
Price N/A
1999
Price N/A
1999
Price N/A

Zoning & alternative use

B-1 · Middletown, CT
Zoning description

for the B-1 Zone, which shall be as required in accordance with the zoning codes for the underlying Zone, the following bulk requirements are deemed to be the minimum allowable in the Redevelopment Design District. Parce…

General category COMMERCIAL

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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