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$1,900,000
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Property Description
The property at 49 Randolph Road in Middletown consists of a 28,305 square foot office/industrial building with expansion potential sitting on a substantial 17.43 acre parcel. The property would make a great corporate headquarters with many options for both attached and detached expansion as well as a great investment property for someone looking to lease out the main building and develop the remaining acreage. There are three separate entries off of Randolph Road and Bartholomew Road, making access for multi-use/multi-tenant plans much easier. The property was completely repainted over the summer and is connected to city water/sewer and is piped for gas. The property is located in the newly established MXI zone that allows for both commercial and residential development. The sellers have numerous development plans to share that include multiple residential, industrial and even retail options. The property is located less than a tenth of a mile from CT Route 9 which directly connects to all three major interstate highways in Connecticut, I-95, I-91 & I-84. The vast parking area and loading dock make deliveries and pickups quick and easy. There is also a 2,104sf double garage with a built-n 5 ton crane in the rear of the building. With a Dollar General currently under construction just across the street and many other businesses within a block or two, everything staff or residents could need is close by.
Full Property Details
Full Property Details for 49 Randolph Rd
General
- Sold For: $1,900,000
- Taxes: (July 2023-June 2024)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 170604667
- Added to Site: 859 day(s) ago
Location
- County: Middlesex
- Driving Directions: GPS friendly. Main driveway is off of Randolph Rd.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Gas In Street
- Heating Fuel: Gas In Street
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone, Cable
Structural Information
- Construction Status: No/Resale
- Roof: Tar/Gravel
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 28,305
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Office/Light Ind
- Year Built: 1968
Lot Features
- Lot Size (Acres): 17.43
- Frontage: Municipal Street
- Present Use: Office/Light Ind
- Potential Use: Redevelopment Opportunity
- Zoning: MXI
- Lot Description: Corner Lot
Financial Considerations
- Assessment Amount: $1,481,560
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1005618
Listed by Harding Commercial Real Estate, Brendan Kelly
Sold by Ironclad Real Estate, Samuel Eddinger
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Schools
Schools serving 49 Randolph Rd
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Bielefield School 70 Maynard Street, Middletown, CT 06457 | K-5 | 1 mi |
Keigwin Middle School 99 Spruce Street, Middletown, CT 06457 | 6- | 4.5 mi |
Beman Middle School 370 Hunting Hill Avenue, Middletown, CT 06457 | 6-8 | 1.6 mi |
Middletown High School, Middletown, CT 200 La Rosa Lane, Middletown, CT 06457 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 49 Randolph Rd
Date
Details
Price
Change
Source
6/24/2024
Sold
$1,900,000
-22.45%
MLS
11/30/2023
Price Reduced
$2,450,000
-16.95%
MLS
10/16/2023
Listed
$2,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
49 Randolph Road, Middletown, CT 06457 (MLS# 170604667) is a Commercial property that was sold at $1,900,000 on June 24, 2024. Want to learn more about 49 Randolph Road? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

