-
Drone Tour
SALE | 79,813± SF RETAIL PLAZA
635-655 South Main Street, Middletown, Connecticut 06457
Property Description
FOR SALE | 79,813± SF RETAIL PLAZA WITH 3 BUILDINGS
O,R&L Commercial is pleased to present a 79,813 SF Retail Plaza with 3 Buildings for Sale at 635-655 South Main Street in Middletown, CT. This is a fully leased shopping plaza with State of CT, Denny’s, and 24 Hour Fitness Club. Building 1 is 68,813 SF with a 6,525 SF mezzanine. Building 2 is a 6,000 SF retail/bank with drive-thru. Building 3 is a 5,000 SF restaurant. The property is situated on 6 acres in the B-2 zone with ample parking, pylon / on-building signage, excellent visibility, and a traffic count of 13,100 ADT.
Building Information
Property Type : Retail
Listing Type : For Sale
Listing ID : 1081
Price : $7,895,000
Cap Rate : 8%
Gross Building Area : 79,813 Sqft
Available Area : 79,813 Sqft
Occupancy Level : Fully Leased
Occupied % : 100
Number of Floors : 1
Loading Docks : 1
Construction : Masonry
Roof Type : Flat, Tar & Gravel
Year Built : 1956
Year Renovated : 1998
Tenants : Fun in Trampoline Park, Club 24, Vox Church, Jerry
Status : Active
Last Updated : 03/06/2024
Address Map
City : Middletown
State : CT
Zipcode : 06457
Country : US
Street Number : 635-655
Street : South Main Street
Longitude : W73° 20′ 45.6”
Latitude : N41° 32′ 21.9”
Site Information
Site Area : 6 Acre
Zoning : B-2
Parking Spaces : Ample
Parking Type : Uncovered
Signage : Pylon / On-Building
Visibility : Excellent
Frontage : 505′
Highway Access : Route 9, Exit 21
Traffic Count : 13,100 ADT
Directions : Rt 9, Exit 21. Left on Randolph Rd (Rt. 155). Right on S Main St (Rt. 17). Property on left.
Area Retail : Key Chevrolet, Dunkin’, McDonald’s, Pizza Palace, 24-Hour Car Wash, Clockwork Tattoo
Mechanical Equipment
Air Conditioning : Central Air
Type of Heat : Gas, Forced Air
Sprinklered : Partial, Wet
Electrical Service : TBD
Utilities
Sewer : City
Water : City
Gas : Yes
Taxes
Assessment : $4,813,980
Mill Rate : 35.1
Taxes : $168,971
Floorplans / Site Plans / Maps
Retail For Sale
- Listing ID : 1081
- Available Area : 79,813 Sqft
$7,895,000
Agent info
O,R&L Commercial, LLC
