725 Main Street, #30, Middletown, CT, 06457 | $16

*Custom build-outs/not NNN* Prime retail space now available for lease at the Trolleybarn, downtown Middletown's premier industrial to retail conversion located in the trendy NoRa neighborhood. The spaces available range in size from 3, 000sf up to 15, 000sf and all tenants will be provided with new build-outs that include dedicated HVAC and private rest rooms. Come join an impressive and diverse roster of tenants that includes Perkatory Roasters, Mood Studio, River Ridge Farm & Market and many more. There is space available in the front and along the side of the building with high ceilings and large windows throughout. The property is located at 725 Main Street at the base of the Portland Bridge and sees more than 15, 000 vehicles pass by each day. The location boasts ample parking and on/off ramps for State Route 9 just across the street. Middletown's award-winning downtown is known throughout New England for its great shops, high quality dining establishments and its park and dock on the Connecticut River. With the city of Middletown's Riverfront Redevelopment well underway and new apartments being constructed all over downtown, there couldn't be a better time to open up up a business. Take advantage of the many events hosted by the Middlesex County Chamber of Commerce including but not limited to Holiday on Main, Middletown Pride & Cruise Night. Nearby amenities include Eli Cannon's, Krust Pizza, Kidcity Children's Museum, It's Only Natural Grocery store, the Connecticut *Custom build-outs/not NNN* Prime retail space now available for lease at the Trolleybarn, downtown Middletown's premier industrial to retail conversion located in the trendy NoRa neighborhood. The spaces available range in size from 3, 000sf up to 15, 000sf and all tenants will be provided with new build-outs that include dedicated HVAC and private rest rooms. Come join an impressive and diverse roster of tenants that includes Perkatory Roasters, Mood Studio, River Ridge Farm & Market and many more. There is space available in the front and along the side of the building with high ceilings and large windows throughout. The property is located at 725 Main Street at the base of the Portland Bridge and sees more than 15, 000 vehicles pass by each day. The location boasts ample parking and on/off ramps for State Route 9 just across the street. Middletown's award-winning downtown is known throughout New England for its great shops, high quality dining establishments and its park and dock on the Connecticut River. With the city of Middletown's Riverfront Redevelopment well underway and new apartments being constructed all over downtown, there couldn't be a better time to open up up a business. Take advantage of the many events hosted by the Middlesex County Chamber of Commerce including but not limited to Holiday on Main, Middletown Pride & Cruise Night. Nearby amenities include Eli Cannon's, Krust Pizza, Kidcity Children's Museum, It's Only Natural Grocery store, the Connecticut River, NoRa Cupcakes and so much more. Custom build-outs are available.

Features

  • Current Use: Retail/Industrial
  • Permitted Use: Retail/Industrial
  • Utilities: Electric,Gas,Telephone
  • Heating: Hot Air
  • Cooling: Central Air
  • Zoning: B-1
  • Frontage: Municipal Street
  • Year Built: 1920
  • Approx Sq. Feet: 3,000
  • Acreage: 1.57
  • Lease Term Type: Per SqFt/Per Year
  • MLS#: 24064084
  • Website: https://www.raveis.com
    /prop/24064084/725mainstreet_middletown_ct?source=qrflyer
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Listing courtesy of Harding Commercial Real Estate

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725 Main Street, #30, Middletown, CT, 06457

$16

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $13 $13 $13
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $0 $0 $0
Total Monthly Payment $75 $75 $75

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.