49 Randolph Road Middletown, CT $ 2,450,000
49 Randolph Road
$ 2,450,000
New Construction
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49 Randolph Road

Middletown, CT, 06457
$ 2,450,000
Baths0.0 Sq 28,305

Monthly Estimate*

$ 16,283

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Studio

Commercial Property for sale in Middletown, CT

for $2,450,000. This 28,305 square foot building was built in 1968 on a lot size of 17.43.

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.

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Commercial Active

Price

$ 2,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

17.43

Year Built

1968

Town/City

Middletown

MLS | Web ID

170604667

Features
General
Zoning MXI
Year Built 1968
Neighborhood N/A
Heater Type Hot Air
County Middlesex
Present Use Office/Light Ind
Tax Year July 2023-June 2024
Location Highway Access Suburban
Property Type Commercial For Sale
Status Active
Acres 17.43
Directions GPS friendly. Main driveway is off of Randolph Rd.
City Middletown
Street Name Randolph
Sq Ft Total 28305
DOM 219
Video Tour Y/N 0
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Interior
Cooling System Central Air
Utilities Available Electric Gas Telephone Cable
Total Number of Units 1
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot
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Internal Only
Street Number 1 49
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* Excluded Features
List By
Brendan Kelly

Listing Agent

Harding Commercial Real Estate

Broker

brendan@hardingdevelopment.com

Email

Affordability Calculator

$16,283
Per Month
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0%
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Monthly Principal & Interest
$16,283
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/30/2023$2,450,000 -16.95% Price Down
10/16/2023$2,950,000 Listed Price

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49 Randolph Road, Middletown, CT, 06457 is a Commercial Property for sale at $2,450,000 with 28,305 sqft and a lot size of 17.43. 49 Randolph Road is a studio with 0.0 baths and was built in 1968. The property's zip code is 06457 which is in Middletown, CT