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362 Industrial Park Rd
Middletown, CT 06457

Industrial Property For Sale · 74,261 SF

Investment Highlights

  • Excellent Location near highways
  • Plenty of Office, Warehouse and Storage Space
  • 3 Overhead doors

Executive Summary

Excellent location with opportunity galore in this industrial - office condominium. Right off Exits 20 or 21 from Interstate 91. Plenty of office and warehouse space. High ceilings, loading doc, overhead doors. Natural gas heat and central air cooling. Make it your own and stop renting. Two units combined right next to each other in the same complex for sale - same owner. Rent or Buy! For sale too. If you need more space combine units #2 and #3 right next door in the same complex for sale - same owner. Even includes a drive up ramp to large warehouse with high ceilings. It will be ideal for a service , warehouse, distribution, storage business.

PROPERTY FACTS

Unit Size 5,000 - 14,301 SF
No. Units 3
Total Building Size 74,261 SF
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Telecom Hotel Data Hosting
  • Industrial Distribution
  • Showroom
Building Class C
Floors 1
Typical Floor Size 13,515 SF
Year Built 1988
Lot Size 5.00 AC
Parking Ratio 10/1,000 SF

3 Units Available

Unit 2

Unit Size 5,000 SF
Condo Use Industrial
Sale Type Investment or Owner User
Cap Rate 10.76%
NOI $42,491.24
No. Parking Spaces 10
Sale Conditions Lease Option
APN/Parcel ID 1009396
Description

Excellent location with opportunity galore in this industrial - office condominium. Right off Exits 20 or 21 from Interstate 91. Plenty of office and warehouse space. High ceilings, loading doc, overhead doors. Natural gas heat and central air cooling. Make it your own and stop renting. Two units combined right next to each other in the same complex for sale - same owner. Rent or Buy! For sale too. Even includes a drive up ramp to large warehouse with high ceilings. It will be ideal for a service, storage, warehouse, distribution business.

Sale Notes

If you need more space combine units #2 and #3 right next door in the same complex for sale - same owner.

Unit 2 & 3

Unit Size 14,301 SF
Condo Use Industrial
Sale Type Investment or Owner User
Cap Rate 10.86%
NOI $121,610.28
No. Parking Spaces 25
Sale Conditions Lease Option
APN/Parcel ID 9999999999
Description

Excellent location with opportunity galore in this industrial - office condominium. Right off Exits 20 or 21 from Interstate 91. Plenty of office and warehouse space. High ceilings, loading doc, overhead doors. Natural gas heat and central air cooling. Make it your own and stop renting. Two units combined right next to each other in the same complex for sale - same owner. Rent or Buy! For sale too. Even includes a drive up ramp to large warehouse with high ceilings. It will be ideal for a service , warehouse, distribution, storage business.

Sale Notes

If you need more space combine units #2 and #3 right next door in the same complex for sale - same owner.

Unit 3

Unit Size 9,301 SF
Condo Use Industrial
Sale Type Investment or Owner User
Cap Rate 10.91%
NOI $79,086.59
No. Parking Spaces 15
Sale Conditions Lease Option
APN/Parcel ID 1010863
Description

Excellent location with opportunity galore in this industrial - office condominium. Right off Exits 20 or 21 from Interstate 91. Plenty of office and warehouse space. High ceilings, loading doc, overhead doors. Natural gas heat and central air cooling. Make it your own and stop renting. Two units combined right next to each other in the same complex for sale - same owner. Rent or Buy! For sale too. Even includes a drive up ramp to large warehouse with high ceilings. It will be ideal for a service, warehouse, distribution or storage business.

Sale Notes

If you need more space combine units #2 and #3 right next door in the same complex for sale - same owner.

Amenities

  • 24 Hour Access
  • Storage Space
  • Air Conditioning

Utilities

  • Gas
  • Water - City Water
  • Sewer - City Sewer

zoning

Zoning Code IT (COM)
IT (COM)
  • Listing ID: 31590643

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 362 Industrial Park Rd, Middletown, CT 06457

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