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$430,000
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Property Description
Opportunity knocks! 54 Washington is a unique building with prime location located in the heart of downtown Middletown. The building offers an open floor plan which could work for retail or wholesale businesses. Picture a blank slate and put your investments to use! Or...Use 'as-is' for an event space, social club, or look into re-developing for something else, such as conversion to office, retail, restaurant, or possible residential uses. There is a huge municipal parking lot directly across the street as this building doesn't have any current parking on site. Open layout with over 6000 SF on each of two floors with the basement (formerly a gym space with walk in locker room style showers with sauna. Two large offices to either side of front foyer and another large common area with a bar. The 2nd floor has High ceilings, a stage and open ballroom. Easy access to Route 9, Downtown Middletown restaurants and shops, and municipal buildings. This building was once used to house the Italian American Club. In the current use, the building needs complete repair. natural gas with new furnaces (3) - the oil tanks in basement are no longer in use. No utilities are on, being sold as is, where is. Buyer to do their own due diligence. A $70,000 new roof and $3,000 new PVC drains were just installed. Solid brick building sitting on a corner lot in a high traffic area!
Full Property Details
Full Property Details for 54 Washington St
General
- Sold For: $430,000
- Taxes: $14,018 (July 2021-June 2022)
- Status: Closed
- Type: Industrial
- Source: SMARTMLS
- MLS ID: 170441502
- Added to Site: 1, 594 day(s) ago
Business
- Business Type: Industrial
Interior
- Interior Features: Fire Suppression System, Security System, Window Display
- Flooring: Concrete, Vinyl, Wood
Rooms
Bathrooms
- Restrooms: 4
Exterior
- Exterior Features: Sidewalk
Parking
- Parking: Off Street Parking, Parking Lot, Other
- Garage Description: Off Street Parking, Parking Lot, Other
Location
- County: Middlesex
- Driving Directions: Route 9 To Route 66 (Washington Street) Building is located on the right.
- Location Details: Downtown
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Gas
- Onsite: Gas
Structural Information
- Exterior Const.: Brick
- Roof: Flat, Tar/Gravel
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 18,432
- Sq. Ft. Source: Public Records
- Year Built: 1936
Lot Features
- Lot Size (Acres): 0.13
- Frontage: Municipal Street, Paved Road
- Street/Road Desc.: Municipal Street, Paved Road
- Zoning: R5
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $318,600
- Tax Amount: $14,018
- Tax Year: July 2021-June 2022
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1008616
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Schools
Schools serving 54 Washington St
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Farm Hill School 390 Ridge Road, Middletown, CT 06457 | K-5 | 1.8 mi |
Keigwin Middle School 99 Spruce Street, Middletown, CT 06457 | 6- | 1.9 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 | 1.8 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 54 Washington St
Date
Details
Price
Change
Source
11/24/2021
Sold
$430,000
-9.47%
MLS
10/02/2021
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
54 Washington Street, Middletown, CT 06457 (MLS# 170441502) is a Industrial property that was sold at $430,000 on November 24, 2021. This property was listed by Lauren Freedman from our Branford Office.Want to learn more about 54 Washington Street? Do you have questions about finding other Industrial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.


