High Visibility Former Rite Aid - Investment 85 Middletown Ave 14,673 SF Retail Building North Haven, CT 06473 For Sale

INVESTMENT HIGHLIGHTS

  • 14,490+/- square-foot former Rite Aid building
  • Approximately 4.23+/- acres, providing ample space for future expansion or redevelopment
  • Freestanding 1,500+/- square-foot structure currently housing a restaurant

EXECUTIVE SUMMARY

A unique opportunity to acquire a substantial commercial property through auction. This offering includes a 14,490+/- square-foot former Rite Aid building with 84 parking spaces, as well as a freestanding 1,500+/- square-foot structure currently housing a restaurant.

The property spans approximately 4.23+/- acres, providing ample space for future expansion or redevelopment, subject to all applicable approvals and regulations. Its size, visibility, and flexible layout make it an attractive option for a wide range of buyers, including investors, developers, and business owners.

Don’t miss this chance to invest in a well-located property with strong potential.

Samantha S. Kelley | CT RE Lic. # REB.0790698, ME RE Lic. # BA916460, MA RE Lic. # 134740, RI RE Lic. #REB0018314
All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.
Buyer's Premium: None
Closing: 20-day closing, sold in As-Is condition, no contingencies.
Deposit Amount: Twenty percent (20%) of purchase price due within twenty-four (24) hours of seller’s acceptance of high bid.
Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,673 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
4.23 AC
Zoning
CB 20 - Commercial Zoned District
Parking
84 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
136’ on Middletown Ave

AMENITIES

  • Drive Thru

NEARBY MAJOR RETAILERS

Powerhouse Gym
Longhorn Steakhouse
Starbucks
Buffalo Wild Wings
Friendly's
Red Lobster

PROPERTY TAXES

  • Listing ID: 35292715

  • Date on Market: 2025-03-28

  • Last Updated:

  • Address: 85 Middletown Ave, North Haven, CT 06473