575 Main St - Medical CONDO FOR SALE


Middletown, CT 06457
$1,190,000 USD
860-344-5551
575 Main St, Middletown, CT for Sale
$1,190,000 USD
Medical CONDO - FOR SALE
1/13
null | Request Cap Rate

575 Main St
Middletown, CT 06457


HIGHLIGHTS

  • Abundance of natural light
  • Easy access to State Route 9
  • Only ever occupied by one very conscientious company
  • Class A office
  • Built only 16 years ago

OVERVIEW

*2nd Floor Condo Unit Only For Sale* *Opportunity Zone* Why pay your landlords mortgage when you can own your own Class A office condominium right in the heart of Middletown's idyllic downtown? The pristine office condo located at 575 Main St 2nd Floor is now being offered for sale. This 7,814sf private condominium encompasses the entire second floor of the property and is conveniently accessed by elevator. The building was constructed in 2008 and the unit has only ever been occupied by one very conscientious tenant. The suite is surrounded by windows on all sides allowing for beautiful views of Main Street as well as an abundance of natural light. This condo unit offers the perfect blend of private offices and open areas, making privacy and collaboration both seamless. The property is located just off of State Route 9 and is located in a Federally designated opportunity zone. The entry ways, the office itself and the rest rooms are all fully accessible. The unit would be perfect for any of the many businesses that work closely with Middlesex Hospital, Wesleyan University, Pratt & Whitney or the Middletown Superior Court but would serve any office user well. With the City of Middletown's Riverfront Redevelopment well underway and massive private and public investment right next door and throughout downtown, there couldn't be a better time to put down roots.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2nd Floor Condo Only

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting, Office Live/Work Unit

TOTAL BUILDING SIZE

22,500 SF

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,860 SF

ZONING

B-1

APN/PARCEL ID

MTWN-000022-000000-000541-R015220

ASK ABOUT THIS PROPERTY

Brendan KellyHarding Commercial Real EstateMore Info
860-344-5551

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Brendan KellyHarding Commercial Real EstateMore Info
860-344-5551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.