Price Reduced 39.29%

$935,000

Under Contract - Continue to Show

Est. Mortgage $4,485/mo *

Quick Pre-Approval

Price History

$1,540,000
10/3/2025

$1,200,000
11/17/2025

$945,000
12/15/2025

$935,000
2/24/2026


54 Washington Street, Middletown, CT, 06457

54 Washington Street, Middletown, CT, 06457

1936

12,288 sqft

PERMIT IN HAND READY TO BUILD!!! In the heart of Middletown and within walking distance to countless amenities 54 Washington Street offers both location and opportunity. Once home to the Italian American Club, the building carries a unique history and is now ready for its new vision. This spectacular building has received zoning approval to convert this once community/event space to residential units. Take advantage of the already in place engineered 18 unit build out plans with extra room for a super. The possibilities are endless. Not only does this building have engineered plans, but it is also stamped for electrical and plumbing. With all the major systems professionally designed, code compliant, and permit ready, this property allows seamless transition straight to the build phase. The opportunities are endless for the savvy investor looking to maximize value in a prime location. 18 parking spots town approved across the street next to police station


Status:

Under Contract - Continue to Show

Type:

Commercial

Units:

1

Zoning:

B-1

Frontage:

Paved Road

Garage:

Other

Heating:

Steam

Cooling:

None

Parking:

18-car

Acreage:

0.13

Est. Taxes:

$12,456

Assessment

$320,210

Permitted Use

18 Unit Build Out

Utilities

None/Unknown

Lot Description:

N/A

Days on Market:

153

MLS #:

24130959


Community Info

School Info

Walk Score

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