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337-349 Main St
Middletown, CT 06457
Bureau Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- 42 Apartment Units Plus 5,000 SF Commercial
- Prime Downtown Location
- Dedicated Off-Site Parking
- Fully Approved Redevelopment Plan
- Modern Urban Living with Amenity Spaces
- Immediate Proximity to Wesleyan University
RÉSUMÉ DE L'ANNONCE
Northeast Private Client Group is pleased to present the approved redevelopment opportunity at 339 Main Street, Middletown, CT, involving the rehabilitation of a 50,000 SF mixed-use building located in the heart of Downtown Middletown. The town has issued a building permit to begin construction and full construction plans will be delivered with the property. A new owner can potentially begin construction immediately upon taking ownership.
The proposed re-development will preserve the existing 3,750 SF restaurant, introduce 1,600 SF of new retail space, and deliver a total of 42 residential units, thoughtfully designed to include 12 studios, 28 one-bedroom units, and 2 two-bedroom units. The plan also integrates associated residential amenity spaces to enhance tenant experience.
This project presents a compelling opportunity to invest in a centrally located property on the best block in downtown Middletown with a balanced mix of residential and commercial uses, highlighted by full municipal approval.
The proposed re-development will preserve the existing 3,750 SF restaurant, introduce 1,600 SF of new retail space, and deliver a total of 42 residential units, thoughtfully designed to include 12 studios, 28 one-bedroom units, and 2 two-bedroom units. The plan also integrates associated residential amenity spaces to enhance tenant experience.
This project presents a compelling opportunity to invest in a centrally located property on the best block in downtown Middletown with a balanced mix of residential and commercial uses, highlighted by full municipal approval.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Bureau
Taille du bâtiment
50 000 pi²
Classe d’immeuble
C
Année de construction
1885
Prix
3 489 800 $ CAD
Prix par pi²
69,80 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
3 étages
Superficie de plancher typique
16 667 pi²
Coefficient d’occupation des sols de l’immeuble
2,17
Taille du lot
0,53 AC
Zone de développement économique
Oui
Zonage
B-1 - Affaires
Impôts fonciers
| Numéro de lot | MTWN-000022-000000-000624 | Évaluation des bâtiments | 543 534 $ CAD |
| Évaluation du terrain | 302 877 $ CAD | Évaluation totale | 846 411 $ CAD |
Impôts fonciers
Numéro de lot
MTWN-000022-000000-000624
Évaluation du terrain
302 877 $ CAD
Évaluation des bâtiments
543 534 $ CAD
Évaluation totale
846 411 $ CAD
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