$1,000,000
( $195.50Per Sq Foot )
 $5,368 est/mo Sourced by Back At You

516 Washington 1 Street,Middletown, CT 06457

Middletown, CT 06457

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Description

Exceptional commercial opportunity in one of Middletown's busiest retail corridors. Situated on approximately 0.47 acres, this 5,115 SF commercial building offers outstanding visibility with average daily traffic counts of approximately 20,000 vehicles. Currently operating as an auto repair facility with five vehicle lifts, the property is well-suited for continued automotive use or redevelopment. Located in the desirable B-2 General Commercial Zone, this site offers tremendous flexibility for a variety of commercial uses, making it an excellent investment or development opportunity. Surrounded by established national and local businesses, the property benefits from strong exposure, convenient access to major roadways, and a thriving commercial environment. Whether you're looking to expand your existing business, invest in an income-producing property, or redevelop a prime commercial site, this is a rare opportunity to secure a highly visible location in one of Middletown's most sought-after business districts.

Details

MLS #24189275
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site92
Listing Provided ByWilliam Raveis Real Estate | Santo Gulino

Features

SQ Feet5,115
Units1
ZoningB-2
Acreage0.47

Interior

Cooling SystemWindow Unit
Interior FeaturesPublic Restrooms

Exterior

Exterior FeaturesDoors - 20+ ft, Lighting
Roof InformationRubber
Foundation TypeSlab
FlooringConcrete

Utilities

Utilities AvailableElectric, Gas
Sewage SystemPublic Sewer Connected

Taxes

Tax YearJuly 2026-June 2027
Property Tax14455

Area Information

StateCT
CountyMiddlesex
CityMiddletown
Zip Code06457
AreaN | A
Listing VS Median (in 06457)
Price:
$1,000,000
low | high
Med:
$219,950
100% of Average
sqft:
5,115
low | high
Med:
1,060
100% of Average
$ / sqft:
$196
low | high
Med:
$226
34.614586880805% of Average
On site:
92
low | high
Med:
35
100% of Average
Sourced by Back At You

Market Activity 06457

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Learn More About This Property

StateCT
CountyMiddlesex
CityMiddletown
Zip Code06457
AreaN | A
Listing VS Median (in 06457)
Price:
$1,000,000
low | high
Med:
$219,950
100% of Average
sqft:
5,115
low | high
Med:
1,060
100% of Average
$ / sqft:
$196
low | high
Med:
$226
34.614586880805% of Average
On site:
92
low | high
Med:
35
100% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 11:16:10 AM PDT