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711 Saybrook Rd
Middletown, CT 06457 Downtown Middletown

$700,000 USD

General Retail For Sale  •  3,100 SF

Property Details

  • Property Type General Retail
  • Total Building Size 3,100 SF
  • Lot Size 0.5 AC
  • Year Built 2005
0 Transit Score
47 Walk Score

Highlights

Prime Corner Location: Hard-corner site on ±0.5 acres with strong access and ±8,300 VPD for consistent visibility.
Growing Trade Area: Expanding Middletown corridor with rising residential density and strong plaza-driven cross-traffic.
Value-Add Upside: Potential to add an automatic bay and launch a membership program to increase revenue.
Modern Equipment: Equipped with a 2015 Belanger Saber touchless system and updated self-serve bays.
Strong Financials: $91K 2024 NOI with ~$89K projected in 2025 at a $700K list price.
Established Operation: 21-year operating history with no on-site employees, demonstrating efficiency and scalability.

Public Transportation

AirportDriveWalkDistance
Tweed/New Haven 46 min - 32.3 mi
Bradley International 55 min - 35.7 mi
Benjamin Cogan 516-660-6955 Matthews Real Estate Investment Services
Benjamin Cogan 516-660-6955 Matthews Real Estate Investment Services