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578-582 Main St

Middletown, CT 06457

$750 /mo

Storefront Retail Residential For Lease  •  600 Sq Ft

Property Details

  • Property Type Storefront Retail Residential
  • Year Built 1900
  • Total Building Size 4,588 Sq Ft
  • Tenancy Multiple
  • Building Class C
  • Zoning B-1
29 Transit Score
90 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 600 Sq Ft $15.00 /Sq Ft/yr
O,R&L Commercial is pleased to present 578 Main Street in the town of Middletown, CT, for Sale and Lease. Low opportunity cost, high returns and a location in the heart of Middletown's booming Main Street make this 3-story, 4,588± SF Mixed Use, Retail / Office / Multi-family Building investment very attractive. 600 - 1,200± SF retail space is also for lease. The property is situated on 0.05± acres in the B-1 zone. 
1st floor - 1,584± SF total retail / office space demised for three retail tenants. - Up to 1,200± SF Retail for Lease 
2nd floor - One 3-bedroom, 1,304± SF apartments, newly updated. 
3rd floor - One 3-bedroom, 1,304± SF apartment, newly updated. 
Offered at an 11.7% Cap rate. NOI: $35,002
Route 9, turn right onto Washington Street, Turn right onto Main Street (CT-66)

  • Date available: Immediate
  • Lease term: Negotiable
  • Service type: Plus Electric And Cleaning
  • Built out as: Standard Retail
  • Space Type: Relet

Property Flyers

Description

O,R&L Commercial is pleased to present 578 Main Street in the town of Middletown, Connecticut, for Sale.  Low opportunity cost, high returns and a location in the heart of Middletown's booming Main Street make this 3-story, 4,588± SF Mixed Use, Retail / Office / Multi-family Building investment very attractive.   1,200± SF retail space is also for lease.  The property is situated on 0.05± acres in the B-1 zone.

1st floor - 1,584± SF total retail / office space demised for three retail tenants. (1,200± SF Retail for Lease at $750/mo plus Elec & Jan)

2nd floor - One 3-bedroom, 1,304± SF apartments, newly updated.

3rd floor - One 3-bedroom, 1,304± SF apartment, newly updated.

Offered at an 11.7% Cap rate.  

NOI: $35,002

Route 9, turn right onto Washington Street, Turn right onto Main Street (CT-66)

Highlights

Up to 1,200± SF Retail for Lease
4,588± SF building on 0.05 acres in B1 Zone
3 Stories
Traffic Count: 14,000 ADT
Metered Parking Available
Route 9, Exit 13

Property Flyers

Amenities

  • Bus Line

Major Tenants

Tenant SF Occupied Lease End Date
Finesse Cuts 469 SF

Public Transportation

AirportDriveWalkDistance
Bradley International Airport 35 min - 30.2 mi
Thomas Wilks 860-761-6018 O, R & L Commercial
Thomas Wilks 860-761-6018 O, R & L Commercial