516 Washington Street, #1
Middletown, CT 06457
$1,000,000
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.
| Listing Id: | 24189275 |
|---|---|
| List Price: | $1,000,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Living Area Sqft Per Public Record: | 5,115 |
| Property Tax: | $14,455 |
| Acres: | 0.47 |
| Direct Waterfront Yn: | No |
| City: | Middletown |
| County: | Middlesex |
| Postal Code: | 06457 |
| Year Built: | 1900 |
| Total Number Of Units: | 1 |
| Agent Owner Yn: | No |
| Assessed Value: | $354,290 |
| Basement Description: | No |
| Business Included Ynn: | No |
| Comp Only Manual Yn: | No |
| Cooling System: | Window Unit |
| Current Price: | $1,000,000.00 |
| Directions: | GPS Friendly |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Brochure |
| Exterior Features: | Doors - 20+ ft, Lighting |
| Flood Zone Yn: | No |
| Flooring: | Concrete |
| Foundation Type: | Slab |
| Heat Fuel Type: | Electric |
| Heat Type: | Baseboard |
| Interior Features: | Public Restrooms |
| Listing Contract Date: | 2026-07-06 |
| Location: | Retail Corridor |
| Lot Description: | Level Lot |
| Mil Rate Total: | $40.80 |
| Status: | Active |
| Occupied By: | Tenant |
| Original List Price: | $1,299,000 |
| Parcel Number: | 1007826 |
| Possession Availability: | 30 Days |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 655-7004 |
| Present Use: | Auto Repair Shop |
| Price: | $1,000,000 |
| Road Frontage Approximate: | 113 |
| Road Frontage Description: | State Road |
| Roof Information: | Rubber |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | Yes |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 5,115 |
| Tax Year: | July 2026-June 2027 |
| Traffic Count: | 20,000 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric, Gas |
| Water Source: | Public Water Connected |
| Zoning: | B-2 |
Listing Courtesy of: William Raveis Real Estate
Listing Agent: Santo Gulino
(860) 655-7004
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET