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Property profile & analytics
OFF-MARKET Estimated value $1,085,000
Industrial properties

725 Main St Middletown, CT 06457-2973

55,242 SF 1.57 ac lot Built 1920
Entity Owned 2-yr Hold Free & Clear
Property ID
US15-1267658
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 55,242 SF
Lot 1.57 ac (68,389 SF)
Zoning code B-1
APN MTWN M:22 L:0202
UPID US15-1267658
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 360 Defense Martial Arts Training Center Sports School
  • Bergen House Production Facility Brewery & Distillery
  • Pizza Palace Middletown Restaurant
  • artéé fabrics & home (Bike/Boat/Book/etc) Store
  • Rhythmic Force Dance Studio Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.09M
Owner & transaction history
Markee Rentals I LLC · 2 yrs held
Markee Rentals I LLC
since 2024
2 recorded transactions
2024
Price N/A
2018
$144,000
Zoning & alternative use
B-1 · Middletown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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