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109 Broad St 3,874 SF Office Building Middletown, CT 06457 For Sale



INVESTMENT HIGHLIGHTS
- Ideal trophy building, prominently set on a highly visible corner, providing a range of office, medical office, multifamily & other commercial uses
- The interior features high ceilings with both private offices and an open floor plan, a full kitchen, ample restrooms and an updated HVAC system
- Walk Score of 91 (walker’s paradise) - Walk to 50+ restaurants and bars just one block away
- Walking distance to Downtown Middletown, Wesleyan University, Middlesex Hospital and the County Courthouse with ample parking on-site
- Move-in ready and can be delivered fully furnished or landlord can build-out to specific specs if needed
- Brokers protected
EXECUTIVE SUMMARY
FOR SALE OR LEASE. Building available for the first time in 20 years. The building’s prominent architectural features make it ideal for a company headquarters or multifamily conversion, conveniently located one block from 50+ restaurants and bars downtown. The building is also walking distance to Wesleyan University, Middlesex Hospital and the Middlesex County Courthouse, while only a quarter-mile from Route 9. The interior features high ceilings, hardwood floors, a kitchen, multiple restrooms on both floors and an updated HVAC system. The building can be delivered fully furnished and is move-in ready, but landlord is also willing to build out the space based on specific specs. There is ample parking on-site and additional storage space available in the basement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,874 SF
Building Class
B
Year Built/Renovated
1850/2018
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,937 SF
Building FAR
0.36
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
MXC - Mixed-Use; Commercial
Parking
14 Spaces (3.61 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Floor
- 3,874 SF
- Office/Retail
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,874 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 3,874 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Walk Score®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | MTWN-000024-000000-000100 | Improvements Assessment | $293,430 |
| Land Assessment | $137,660 | Total Assessment | $431,090 |
PROPERTY TAXES
Parcel Number
MTWN-000024-000000-000100
Land Assessment
$137,660
Improvements Assessment
$293,430
Total Assessment
$431,090
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Presented by
Stone Point Properties LLC
109 Broad St
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