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49 Randolph Road Middletown, CT 06457
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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
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Bought with Samuel Eddinger • Ironclad Real Estate