commercial
8,390 SF
51-57 Main Street
Middletown, Connecticut 06457
Price
$1,800,000
Price/SF
$214.54/SF
Building Size
8,390 SF
Lot Size
0.52 acres
Year Built
1860
Units
2
Property Description
The perfectly situated and meticulously maintained medical/office campus at 51 & 57 South Main Street in Middletown is now being offered for sale. The properties will have 6,618sf available for occupancy at the time of sale leaving ample room for a new owner and their medical practice or an investor bringing a new tenant/tenants with them. The properties are located directly across the street from Middlesex Hospital offering healthcare providers the convenience of just a quick walk to and from their procedures. The shared 30+ car parking area was freshly paved and striped less than a year ago and there is no deferred maintenance to speak of. The lone tenant at the properties is on a triple net lease relieving ownership of a portion of the maintenance, property tax and insurance burden. Financials and interior photos are available upon request. -Location: The properties are located directly across from Middlesex Hospital's main campus -Well Maintained: The current owner operated his ENT practice here for decades and has taken meticulous care and great pride in the upkeep of the properties -Income: The lone medical tenant pays good rent on a landlord-friendly triple net lease -Convenience: The campus is located just off of CT Route 9 which connects to I-91, I-95 and I-84 -Value-Add: 1,772sf basement at 57 South Main can be converted to paid tenant storage or possibly addit
Additional Details
Zoning
MXC
MLS Number
24157523
Property ID
64709b88-7be3-45eb-bb7f-21957efb39b7
MLS Information
MLS#: 24157523
Listed by: Harding Commercial Real Estate
Agent: Brendan Kelly • (860) 463-3326 • brendan@hardingdevelopment.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.
Interested?
Contact us to learn more about this property and schedule a showing.
Request InformationSchedule Showing