Middletown, CT 06457,49 Randolph Road

$1,900,000

Est. payment /mo

$2,450,000

22.4%
Est.Price: ?

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49 Randolph Road Middletown, CT 06457

28,305 SqFt

SOLD DATE : 06/24/2024

Key Details

Sold Price $1,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 28,305 sqft

Price per Sqft $67

MLS Listing ID 170604667

Sold Date 06/24/24

Year Built 1968

Annual Tax Amount $49,797

Lot Size 17.430 Acres

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.

Location

State CT

County Middlesex

Zoning MXI

Interior

Heating Hot Air

Cooling Central Air

Exterior

Utilities Available Electric, Gas, Telephone, Cable

Roof Type Tar/Gravel

Building

Lot Description Corner Lot

Story 1

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Read Less

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Listed by Brendan Kelly • Harding Commercial Real Estate
Bought with Samuel Eddinger • Ironclad Real Estate

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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