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Property profile & analytics

62 Washington St Middletown, CT 06457-2828

  • Showrooms
  • 27,140 SF
  • 0.41 lot acres
OFF-MARKET
Value Estimations
$675,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0284066
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.

Current Use by Public Records

  • Environmental Training / Environmental Consultant / Environmental Program
  • Shaw Chiropractic Group LLC / Chiropractor
  • Mind Body Counseling & Yoga / Yoga Instructor / Psychotherapist
  • The Barre and Beyond LLC / Sports Medicine Clinic / Pilates Studio
  • Innovative Fitness & Wellness / Wellness Center

Property Details for 62 Washington St

Year built
1890
Construction
FRAME
Lot size
0.41 lot acres
Property size
27,140 SF
Zone code
B-1
Property type
Showrooms
APN
MTWN M:22 L:0558
APU
MTWNM22L0558

Description

This exceptional mixed-use commercial property, located at 62 Washington Street in Middletown, Connecticut, presents a compelling investment opportunity. The building boasts a substantial 27,140 square feet of space spread across three floors. A complete renovation ensures modern amenities and functionality throughout. The ground floor offers attractive mixed-use retail space, perfectly positioned across from a convenient and affordable municipal parking lot, guaranteeing high foot traffic and accessibility for customers and employees. The upper three floors provide ample office space, currently benefiting from long-term leases, ensuring a stable and predictable income stream. The property sits on a 0.41-acre lot, providing ample space and potential for future expansion or outdoor amenities. Its strategic location offers unparalleled convenience, with easy access to Route 9 and all major highways within a half-mile radius, ensuring seamless connectivity for tenants and clients. This property represents a rare blend of prime location, modern updates, and strong, established tenancy, making it an ideal investment for discerning buyers seeking a stable and appreciating asset in a thriving Connecticut market. The building's combination of retail and office space caters to a diverse range of potential tenants, maximizing rental income and minimizing vacancy risk. The long-term leases in place further enhance the investment's stability and predictability. This is a turnkey opportunity to acquire a high-performing commercial property in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $675,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Middletown
County
Middlesex
State
Connecticut
Longitude
-72.6503
Latitude
41.5628
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
$41,447
$131,820
$1,049,020
$1,180,840
-
$0.00
$0.00
$0.00
More about this property
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