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575 Main St Middletown 2nd Floor

$ 1,125,000.00

575 Main St, Middletown, CT, USA
  • Property ID: 767
  • Post Updated: 2021-02-11 16:29:08
  • Status:
  • Area: 7814 sq ft
  • Year built: 2008


This income producing corporate condominium in Middletown Connecticut’s beautiful downtown is a great investment opportunity. The condominium consists of the entire second floor of the almost new three story modern building at 575 Main Street. The space is currently occupied by a longstanding local healthcare provider that has leased the space since the building was initially built. The tenant just recently signed another 5 year lease term. The lease is a true triple net in that the tenant pay all of their own utilities and taxes as well as condominium fees each month that are put toward the upkeep and maintenance of the property. The tenant has occupied the space since the building was built in 2008 and there is no reason to believe that they will be moving at the end of the newly started 5 year term. The first and third floor condominiums are both owner occupied & kept up quite well. This is a guaranteed investment in these uncertain times. Don’t miss out.

Please call with any questions or to set up a showing
Brendan Kelly
Cell: (860) 463-3326
Office: (860) 344-5551

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