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    598 Washington St Middletown, CT 06457
    Property profile & analytics

    598 Washington St Middletown, CT 06457


    • Investment properties
    • 0.20 lot acres
    For Lease
    $70,000 SF/Yr
    View Listing →
    Prime Corner Retail Opportunity For Lease
    $70,000 SF/Yr

    Prime Corner Retail Opportunity

    Land available for lease at a high-traffic intersection.

    598 Washington Street, Middletown, CT 6457
    View Listing
    Property ID
    US15-1301514
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bridge / Industrial Manufacturer / Production Facility

    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

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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

    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
    $9,570
    $177,100
    $95,550
    $272,650
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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