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- LoopNet Team
476-480 Main St
Middletown, CT 06457
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
ABOUT 476-480 MAIN ST , MIDDLETOWN, CT 06457
80-Year Middletown Landmark Italian Specialty Market Building and Business for Sale Asking Price for Business $149,500 ~ Asking Price for Building $750,000 Facilities: Approx. 3,600 sf with full basement. City water & sewer. Cooking with natural gas. Walk-in refrigeration: main floor 17’ x 10’; basement 6’ x 6’ freezer and 11’ x 6’ refrigerator. Hood with complete Chef’s preparation kitchen. 1 ADA compliant bathroom and an additional half-bath in the basement. Entire building is protected by a full sprinkler system and has 400 amp, 3-phase electrical service. Business Description: A Landmark Destination Specialty Market. Featuring choice meats and fine Italian foods. Offering extensive prepared foods, grocery delivery & full catering. Option #1: all in building and business for $999,500. Option #2: own the business and lease the space for $11.50 sf NNN or $3,462 & $304/mo. property tax. With this option, Lessor will offer reduced rent for the first year at a rate of $2,500/mo. NNN.
PROPERTY TAXES
| Parcel Number | MTWN-000022-000000-000560 | Improvements Assessment | $266,380 |
| Land Assessment | $161,000 | Total Assessment | $427,380 |
PROPERTY TAXES
