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861 Middle St
Middletown, CT 06457
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,630 SF
Building Class
B
Year Built/Renovated
1980/1997
Tenancy
Single
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.83 AC
Zoning
IT
Parking
35 Spaces (2.89 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Corner Lot
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

ABOUT 861 MIDDLE ST , MIDDLETOWN, CT 06457

Built in 1980 of wood frame construction, this investment property was partially renovated in 2014 when a new residential unit was added to the multi-tenant structure and total exterior restoration was completed in 2018. The fully Leased 12,630 sq.ft. building is situated on a .83 acre corner lot with 35 parking spaces and high-visibility frontage on: Middle Street (primary) and Bradley Street (secondary). The main area is (9,120 sq.ft) and occupied on both floors by one commercial tenant. The remainder of gross lease area represents 3 separate residential units and an additional 546 sq.ft. space ready for conversion into a fourth leasable unit. The building is complete with city water/sewers, fuel type (gas & oil), fire alarm, dry sprinkler system, storage areas, handicap accessibility central vacuum, HVAC with new AC compressors installed in 2017, completely updated fire sprinkler/fire suppression system and fire alarm panel in 2018, and newly updated twin oil tanks & oil delivery system in 2019. This centrally located property is easily accessible off I-91 and RT-372 and is prominently positioned across from FedEx's Brand New 525,000 sq.ft. campus host to 400 employees (see Arial Central View map). Significant Value & Potential! *Please contact us with questions or for additional information*

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MTWN-000001-000000-000022
Land Assessment
$168,560
Improvements Assessment
$666,410
Total Assessment
$834,970
  • Listing ID: 12062623

  • Date on Market: 3/27/2018

  • Last Updated:

  • Address: 861 Middle St, Middletown, CT 06457

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