62 Washington St | Middletown, CT 06457
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- LoopNet Team
62 Washington St
Middletown, CT 06457
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Executive office suites with new carpet/flooring, paint, ceiling tiles, and bathrooms.
- Steamed Restaurant is a great Tenant who is less than halfway through their 10 year lease. Owner is a successful Operator with multiple locations.
- Assume first position mortgage with existing lender $1,700,000. Loan: Start Date 12-1-2021, 25 year amortization, rate locked at 3.25% interest rate u
- Great opportunity for someone to come in and take advantage of all the construction and renovations we have already made to the spaces and lease them
- This building is in a great location, being only half a mile off of the route 9 highway.
PROPERTY FACTS
Property Type
Office
Building Size
27,140 SF
Building Class
B
Year Built
1890
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,523 SF
Building FAR
1.52
Lot Size
0.41 AC
Zoning
B-1 - 347 - Commercial Building
Parking
9 Spaces (0.39 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | MTWN-000022-000000-000558 | Improvements Assessment | $1,049,020 |
| Land Assessment | $131,820 | Total Assessment | $1,180,840 |
PROPERTY TAXES
Parcel Number
MTWN-000022-000000-000558
Land Assessment
$131,820
Improvements Assessment
$1,049,020
Total Assessment
$1,180,840
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