$700,000 USD
516-660-6955
711 Saybrook Rd
Middletown, CT 06457
Downtown Middletown
HIGHLIGHTS
- Prime Corner Location: Hard-corner site on ±0.5 acres with strong access and ±8,300 VPD for consistent visibility.
- Growing Trade Area: Expanding Middletown corridor with rising residential density and strong plaza-driven cross-traffic.
- Value-Add Upside: Potential to add an automatic bay and launch a membership program to increase revenue.
- Modern Equipment: Equipped with a 2015 Belanger Saber touchless system and updated self-serve bays.
- Strong Financials: $91K 2024 NOI with ~$89K projected in 2025 at a $700K list price.
- Established Operation: 21-year operating history with no on-site employees, demonstrating efficiency and scalability.
FOR SALE DETAILS
PRICE
$700,000 USD
PRICE/SF
$226 USD /SF
CAP RATE
12.88%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Reflections Car Wash
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.5 AC
LAND SF
21,780 SF
ZONING
-
APN/PARCEL ID
MTWN-000043-000000-000412
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516-660-6955
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516-660-6955
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