598 Washington St Middletown, CT 06457
- Investment properties
- 0.20 lot acres
Current Use by Public Records
- Bridge / Manufacturer / Health
Property Details for 598 Washington St
- Lot size
- 0.20 lot acres
- Zone code
- B-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- MTWN M:23 L:0050
- APU
- MTWNM23L0050
Description
This exceptional 0.43-acre commercial land parcel, situated at 598 Washington Street in Middletown, Connecticut (zip code 06457), presents a remarkable investment opportunity. Located at a signalized intersection of Washington Street and Bernie O’Rourke/West Street, this property boasts exceptional visibility and accessibility, benefiting from a substantial daily traffic count of 24,500 vehicles. The site is serviced by city water, gas, and sewer, providing essential utilities for development. A proposed QSR drive-thru pad adds significant potential for future development. The property's strategic location is further enhanced by its proximity to a variety of established businesses, including Home Depot, Starbucks, Aldi, Price Chopper, CVS, and Chipotle Mexican Grill, ensuring high foot traffic and consumer visibility. The land is available for lease at an annual rate of $60,000. There is also a possibility of expanding the property to 0.55 acres for an additional cost. This property is zoned for commercial use within Middlesex County. Serious inquiries are encouraged to explore this promising opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $385,000
- ML approach
- $365,000
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Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.6727
- Latitude
- 41.5554
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
