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Investment Highlights

  • 109 Broad Street is a 3,874-SF trophy office building on a highly visible Downtown Middletown corner with long-term flexibility across multiple uses.
  • Interiors feature high ceilings, hardwood floors, private and open offices, a full kitchen, modern HVAC, basement storage, and on-site parking.
  • Located downtown with a Walk Score of 91, 109 Broad Street is steps from 50 restaurants and anchors like Wesleyan and Middlesex Hospital.
  • Available for the first time in 20 years, the asset supports office, medical, owner/user HQ, multifamily, and mixed-use strategies.
  • Move-in-ready and fully furnished building offers adaptive reuse potential for tenants seeking visibility, character, and efficient operations.
  • Just a quarter mile from Route 9 between Hartford and New Haven, with access to Interstates 91 and 84, and Bradley Airport serving a strong market.

Executive Summary

109 Broad Street, Middletown, presents a rare opportunity to acquire a 3,874-square-foot trophy office building prominently positioned on a highly visible downtown corner. Available for the first time in over two decades, 109 Broad Street stands out for its distinctive architectural character and versatile design, making it ideal for a variety of uses, including office space, medical offices, owner-occupied headquarters, multifamily residences, and other commercial purposes.

The interior features high ceilings, hardwood floors, a blend of private offices and open layouts, a full kitchen, multiple restrooms on both floors, and an updated HVAC system. Move-in ready and available fully furnished, the building also offers potential for targeted build-out or adaptive reuse, supported by ample on-site parking and additional basement storage. 109 Broad Street is a premium long-term investment in one of Central Connecticut’s strongest downtown markets.

Situated in the heart of Downtown Middletown, 109 Broad Street benefits from exceptional walkability, institutional density, and regional connectivity. The asset sits just a quarter-mile from Route 9, offering efficient north-south access to Interstates 91 and 84, and positioning the property between Hartford and New Haven. In addition, Bradley International Airport is 27 miles north and supports regional and national business travel.

Nearby anchors, including Wesleyan University, Middlesex Hospital, and the Middlesex County Courthouse, generate consistent demand, reinforcing the property’s appeal as a stable, income-producing, or owner-occupied investment. The surrounding 10-mile radius serves a population of approximately 275,000 with high discretionary income and an average household income of $117,000, underpinning long-term demand across office and mixed-use sectors. As Middletown continues to attract investment, residents, and employers, 109 Broad Street stands out as a highly adaptable asset.

Matterport 3D Tour

View Virtual Tour of 109 Broad Street

Attachments

View 109 Broad Street First Floor Plan
View 109 Broad Street Second Floor Plan

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
$952,143 CAD
Price Per SF
$245.78 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
  • Build-Out
  • 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 Build-Out 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
Build-Out
Full Build-Out
Available
Now

2nd Floor

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

1st Floor

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

2nd Floor

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

Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
12,445
44,025
74,198
2025 Population
12,093
43,364
72,853
Population Growth '20-'25
-2.8%
-1.5%
-1.8%
2020 Households
4,635
17,831
31,097
2025 Households
4,445
17,446
30,362
Household Growth '20-'25
-4.1%
-2.2%
-2.4%
Average Age
36
42
42
Median Household Income
$48,902
$72,353
$82,946
Daytime Employees
17,656
32,005
47,295
Total Businesses
1,814
3,609
5,215
College Degree + Higher
28%
34%
39%
$ values in USD

Property Taxes

Property Taxes

Parcel Number
MTWN-000024-000000-000100
Land Assessment
$188,651 CAD
Improvements Assessment
$402,119 CAD
Total Assessment
$590,770 CAD
  • Listing ID: 28249789

  • Date on Market: 2023-04-17

  • Last Updated:

  • Address: 109 Broad St, Middletown, CT 06457

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