The perfectly situated and meticulously maintained medical/office campus at 51 & 57 South Main Street in Middletown is now being offered for sale. The properties will have 6, 618sf available for occupancy at the time of sale leaving ample room for a new owner and their medical practice or an investor bringing a new tenant/tenants with them. The properties are located directly across the street from Middlesex Hospital offering healthcare providers the convenience of just a quick walk to and from their procedures. The shared 30+ car parking area was freshly paved and striped less than a year ago and there is no deferred maintenance to speak of....
The perfectly situated and meticulously maintained medical/office campus at 51 & 57 South Main Street in Middletown is now being offered for sale. The properties will have 6, 618sf available for occupancy at the time of sale leaving ample room for a new owner and their medical practice or an investor bringing a new tenant/tenants with them. The properties are located directly across the street from Middlesex Hospital offering healthcare providers the convenience of just a quick walk to and from their procedures. The shared 30+ car parking area was freshly paved and striped less than a year ago and there is no deferred maintenance to speak of. The lone tenant at the properties is on a triple net lease relieving ownership of a portion of the maintenance, property tax and insurance burden. Financials and interior photos are available upon request. -Location: The properties are located directly across from Middlesex Hospital's main campus -Well Maintained: The current owner operated his ENT practice here for decades and has taken meticulous care and great pride in the upkeep of the properties -Income: The lone medical tenant pays good rent on a landlord-friendly triple net lease -Convenience: The campus is located just off of CT Route 9 which connects to I-91, I-95 and I-84 -Value-Add: 1, 772sf basement at 57 South Main can be converted to paid tenant storage or possibly addit
The perfectly situated and meticulously maintained medical/office campus at 51 & 57 South Main Street in Middletown is now being offered for sale. The properties will have 6, 618sf available for occupancy at the time of sale leaving ample room for a new owner and their medical practice or an investor bringing a new tenant/tenants with them. The properties are located directly across the street from Middlesex Hospital offering healthcare providers the convenience of just a quick walk to and from their procedures. The shared 30+ car parking area was freshly paved and striped less than a year ago and there is no deferred maintenance to speak of. The lone tenant at the properties is on a triple net lease relieving ownership of a portion of the maintenance, property tax and insurance burden. Financials and interior photos are available upon request. -Location: The properties are located directly across from Middlesex Hospital's main campus -Well Maintained: The current owner operated his ENT practice here for decades and has taken meticulous care and great pride in the upkeep of the properties -Income: The lone medical tenant pays good rent on a landlord-friendly triple net lease -Convenience: The campus is located just off of CT Route 9 which connects to I-91, I-95 and I-84 -Value-Add: 1, 772sf basement at 57 South Main can be converted to paid tenant storage or possibly addit
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