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Executive Summary

Exceptional commercial opportunity in one of Middletown's busiest retail corridors. Situated on approximately 0.47 acres, this 5,115 SF commercial building offers outstanding visibility with average daily traffic counts of approximately 20,000 vehicles. Currently operating as an auto repair facility with five vehicle lifts, the property is well-suited for continued automotive use or redevelopment. Located in the desirable B-2 General Commercial Zone, this site offers tremendous flexibility for a variety of commercial uses, making it an excellent investment or development opportunity. Surrounded by established national and local businesses, the property benefits from strong exposure, convenient access to major roadways, and a thriving commercial environment. Whether you're looking to expand your existing business, invest in an income-producing property, or redevelop a prime commercial site, this is a rare opportunity to secure a highly visible location in one of Middletown's most sought-after business districts.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
5,115 SF
Year Built
1900
Price
$1,100,000
Price Per SF
$215.05
Percent Leased
100%
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Five Guys
Noodles & Company
Planet Fitness
Starbucks
Bank of America
Liberty Bank
Citizens
Price Chopper
Td Bank
Webster Bank

Property Taxes

Property Taxes

Parcel Number
MTWN-000023-000000-000056
Land Assessment
$193,000
Improvements Assessment
$161,290
Total Assessment
$354,290
  • Listing ID: 41748356

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 516 Washington St, Middletown, CT 06457

Contact the Sale Advisor

516 Washington St

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