62 Washington St Middletown, CT 06457-2828
- Showrooms
- 27,140 SF
- 0.41 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $675,000
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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