This exceptional industrial property offers 1.54 acres of prime real estate in a central location right outside of Middletown. This property features over 13,000 sqft with three spacious bays, each equipped with a 16-foot high automatic overhead door and its own crane for handling heavy materials and equipment. Additionally, one bay includes an in-ground hydraulic lift. 18-foot ceilings offer ample vertical space, making it ideal for a wide range of industrial operations. With over an acre and a half there is lots of outdoor space for maneuvering and storing equipment. The owner has completed all necessary environmental remediation. We have a Phase 1 report available for review. Strategically located right outside of Middletown, this location offers convenient access to major highways and transportation routes. Whether you're handling large shipments, manufacturing complex products, or need an environment for equipment storage, 251 Freestone is a fantastic investment and opportunity!
Discover the perfect opportunity with this exceptional commercial property at 455 Portland Cobalt Rd in Portland, CT. This expansive 9.5-acre parcel features two structures, offering immense potential for various commercial ventures. The large, level lot provides ample space for development, parking, or expansion, making it ideal for a wide range of commercial uses. The property includes an 864 sq ft building, formerly a breakfast restaurant, that could possibly be repurposed for a cafe, retail space, or office. Additionally, there is a spacious 2160 sq ft structure that once housed the Portland Veterinary Hospital, which could be suitable for medical offices, clinics, or professional services. Or raze it all, and start a new project! Enjoy the assurance of fantastic visibility with eastbound traffic and exposure to over 15,200 vehicles per day as per the Department of Transportation. Centrally located in Connecticut, this property offers convenient access to major highways, ensuring it's easily accessible for customers and clients from across the state. This versatile property is perfect for entrepreneurs and investors looking for a project in a prime location. Whether you envision a bustling restaurant, a thriving retail center, or a professional office complex, 455 Portland Cobalt Rd offers the space and visibility to bring your vision to life. Opportunities like this are rare. Take advantage of the fantastic exposure and central location to make a landmark in Portland!
Incredible opportunity to own a profitable restaurant business in a high demand location with limited competition. With approximately $90,000 of Sellers Discretionary Earnings and room to grow the business this is a must see opportunity. This charming and unique and quaint restaurant serves breakfast, lunch and "Sometimes dinner." It is a tremendous opportunity to capitalize on the tried and true concept and very well run operation with possible expansion of hours and offerings, which will only further drive revenue. All FF&E, inventory and goodwill transfer with the sale. An ideal location, with an average traffic count of 35,000, a large customer base and new nearby housing units to be completed soon, this is a rare opportunity
The median home value in Portland, CT is $480,000. This is higher than the county median home value of $369,500. The national median home value is $338,100. The average price of homes sold in Portland, CT is $480,000. Approximately 72.13% of Portland homes are owned, compared to 17.29% rented, while 10.59% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Connecticut has a population of 9,459. Portland is more family-centric than the surrounding county with 33.88% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Portland, Connecticut is $107,034. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Portland is 41.3 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 47.5 inches per year, with 34.7 inches of snow per year.