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Property profile & analytics

725 Main St Middletown, CT 06457-2973

  • Industrial properties
  • 55,242 SF
  • 1.57 lot acres
OFF-MARKET
Last Sale
Mar 15, 2024
Value Estimations
$1,085,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-1267658
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

  • 360 Defense Martial Arts / Martial Arts School
  • Bergen House / Brewery
  • Pizza Palace Middletown / Pizza Restaurant / Family Restaurant
  • artéé fabrics & home / Fabric Store / Curtain Store
  • Rhythmic Force Dance Studio / Dance School

Property Details for 725 Main St

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.57 lot acres
Property size
55,242 SF
Zone code
B-1
Property type
Industrial properties
APN
MTWN M:22 L:0202
APU
MTWNM22L0202

Description

This exceptional 58,642 square foot retail and restaurant space, located at 725 Main St, Middletown, CT 06457, presents a unique opportunity. A former industrial building, it underwent a complete renovation in 2020, resulting in a Class A property with 20 suites, each offering 18-foot ceilings and ample natural light. Currently, 18,000 square feet are available, divisible into units ranging from 3,000 to 15,000 contiguous square feet. The building boasts a prominent location on Main Street, benefiting from high visibility and traffic volume exceeding 15,000 vehicles daily. Situated on a 1.57-acre lot with ample parking, the property offers easy access to State Route 9 via nearby on/off ramps. The building features a B-1 Central Business Zone designation and includes one loading dock. Landlord pays taxes and insurance. Custom build-outs are available, including dedicated HVAC and private restrooms. Join a thriving tenant mix in Middletown's revitalized downtown, close to the Connecticut River and numerous amenities. This is an ideal location to capitalize on the ongoing Riverfront Redevelopment and the city's vibrant atmosphere. The property's features include high ceilings, large windows, and a prime location in the trendy NoRa neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $1,040,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,127,000
    Market price range: $1.13M - $3.53M

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


Location Insight

  • Map
  • Local Demand
City
Middletown
County
Middlesex
State
Connecticut
Longitude
-72.6541
Latitude
41.5656
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
$31,438
$353,880
$541,780
$895,660
-
$0.00
$0.00
$0.00
More about this property
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