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Middlesex Square 189-191 Middlesex Ave 20,120 SF 100% Leased Retail Building Chester, CT 06412 For Sale
EXECUTIVE SUMMARY
Tenant Mix: Retail/Restaurant/Office/Residential
Long term leases, with significant annual increases and pass-through for operating expenses.
Current NOI $325,000
Ample on-site parking
Highly visible property on State Road
100% Leased
Long Term Tenants
Well Maintained by 19 Year Current Ownership
Lot Size: 3.02 Acres
Built: 1986
Zone: C
Proximity to Route 9
Easy Access to Chester Village and Exit 3 Route 154
Long term leases, with significant annual increases and pass-through for operating expenses.
Current NOI $325,000
Ample on-site parking
Highly visible property on State Road
100% Leased
Long Term Tenants
Well Maintained by 19 Year Current Ownership
Lot Size: 3.02 Acres
Built: 1986
Zone: C
Proximity to Route 9
Easy Access to Chester Village and Exit 3 Route 154
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,120 SF
Building Class
C
Year Built
1986
NOI
$325,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
1.52 AC
Zoning
COMM
Parking
104 Spaces (4.97 Spaces per 1,000 SF Leased)
Frontage
233’ on Middlesex Ave
AMENITIES
- Pylon Sign
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Middlesex Ave | Castle View Dr, NW | 4,983 | 2018 | 0.03 mi |
| Middlesex Ave | Grenwald Rd, NW | 4,284 | 2025 | 0.19 mi |
| Middlesex Ave | Kirtland Ter, S | 4,711 | 2025 | 0.32 mi |
| Kings Hwy | Waterhouse Ln, W | 321 | 2025 | 0.34 mi |
| Ferry Rd | E Kings Hwy, S | 197 | 2025 | 0.41 mi |
| Ferry Rd | E Kings Hwy, N | 212 | 2023 | 0.42 mi |
| CT 148 | E Kings Hwy, S | 199 | 2025 | 0.42 mi |
| Ferry Road | E Kings Hwy, SW | 199 | 2025 | 0.45 mi |
| Ferry Road | E Kings Hwy, N | 211 | 2025 | 0.45 mi |
| Middlesex Ave | Kirtland Ter, N | 5,068 | 2025 | 0.47 mi |
PROPERTY TAXES
| Parcel Number | CHES-000009-000000-000022 | Improvements Assessment | $1,965,600 |
| Land Assessment | $203,420 | Total Assessment | $2,169,020 |
PROPERTY TAXES
Parcel Number
CHES-000009-000000-000022
Land Assessment
$203,420
Improvements Assessment
$1,965,600
Total Assessment
$2,169,020
MAP
ADDITIONAL PHOTOS
24-181-191 Middlesex Tpk (20)
25-181-191 Middlesex Tpk (21)
09-181-191 Middlesex Tpk (9) copy