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Investment Highlights

  • Ideal trophy building, prominently set on a highly visible corner, providing a range of office, medical office, multifamily & other commercial uses
  • The interior features high ceilings with both private offices and an open floor plan, a full kitchen, ample restrooms and an updated HVAC system
  • Walk Score of 91 (walker’s paradise) - Walk to 50+ restaurants and bars just one block away
  • Walking distance to Downtown Middletown, Wesleyan University, Middlesex Hospital and the County Courthouse with ample parking on-site
  • Move-in ready and can be delivered fully furnished or landlord can build-out to specific specs if needed
  • Brokers protected

Executive Summary

FOR SALE OR LEASE. Building available for the first time in 20 years. The building’s prominent architectural features make it ideal for a company headquarters or multifamily conversion, conveniently located one block from 50+ restaurants and bars downtown. The building is also walking distance to Wesleyan University, Middlesex Hospital and the Middlesex County Courthouse, while only a quarter-mile from Route 9. The interior features high ceilings, hardwood floors, a kitchen, multiple restrooms on both floors and an updated HVAC system. The building can be delivered fully furnished and is move-in ready. There is ample parking on-site and additional storage space available in the basement.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,874 SF
Building Class
B
Year Built/Renovated
1850/2018
Price
$960,230 CAD
Price Per SF
$247.87 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,937 SF
Building FAR
0.36
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
MXC - Mixed-Use; Commercial
Parking
14 Spaces (3.61 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,937 SF
  • Office/Retail
  • Full Build-Out
  • Now
  • 2nd Floor
  • 1,937 SF
  • Office/Retail
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 1,937 SF Office/Retail Full Build-Out Now
2nd Floor 1,937 SF Office/Retail Full Build-Out Now

1st Floor

Size
1,937 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now

2nd Floor

Size
1,937 SF
Space Use
Office/Retail
Condition
Full Build-Out
Available
Now
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
MTWN-000024-000000-000100
Land Assessment
$187,825 CAD
Improvements Assessment
$400,359 CAD
Total Assessment
$588,184 CAD
  • Listing ID: 28249789

  • Date on Market: 2023-04-17

  • Last Updated:

  • Address: 109 Broad St, Middletown, CT 06457

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