40 Union St Middletown, CT 06457
Property profile & analytics
40 Union St Middletown, CT 06457
- Industrial properties
- 14,960 SF
- 2.07 lot acres
Property ID
US15-0645263
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 40 Union St
- Year built
- 1956
- Construction
- STEEL FRAME
- Lot size
- 2.07 lot acres
- Property size
- 14,960 SF
- Zone code
- B-1
- Property type
- Industrial properties
- APN
- MTWN M:24 L:0277
- APU
- MTWNM24L0277
Description
This exceptional 18,300 square foot commercial building at 40 Union Street in Middletown, Connecticut, is available for lease. Situated on a one-acre lot at a signalized intersection, this property offers unparalleled visibility and accessibility. The building, constructed in 1956, features two stories with ceiling heights ranging from 16 to 22 feet. The first floor encompasses approximately 13,440 square feet, complemented by an additional 4,860 square feet on the second floor. While a single tenant is preferred, the space can be subdivided for the right tenant. The property boasts excellent loading capabilities with two loading docks and two dock-high doors, along with ten drive-in doors and ample on-site parking. Zoned B-1, this versatile space accommodates a wide array of uses, including retail, office, flex, and industrial. Its strategic location directly adjacent to Route 9 (53,000 vehicles per day) provides easy access to Interstate 91. Furthermore, its proximity to Middlesex Hospital, Wesleyan University, and downtown Middletown enhances its appeal. The planned reconfiguration of Route 9 positions this property as the first major commercial building for northbound traffic entering downtown Middletown. This presents a unique opportunity for a business seeking a high-profile location with significant visibility and convenient access. The property features 240 feet of frontage on Union Street and 225 feet on DeKoven Drive. The zip code is 06457.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $505,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $818,000
Market price range: $305k - $957k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.645
- Latitude
- 41.558
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,088
$564,570
$292,640
$857,210
-
$0.00
$0.00
$0.00
