601 North Verity Parkway
~5,525 SF retail building on 0.55 acres with strong frontage and flexible use potential
Marketing description
601 N Verity Parkway presents a 5,525 SF commercial building located within Middletown’s Urban Core Support (UC-S) District. The property offers a versatile layout suitable for a variety of commercial uses including retail, service, office, or conversion to a restaurant or food-based concept.
The building features multiple drive-in doors providing functional access and flexibility for a wide range of users. The interior offers open space with high ceilings, allowing for efficient reconfiguration or customization depending on the intended use.
Situated on approximately 0.55 acres, the site includes on-site parking areas located at the front, side, and rear of the building, supporting operational flexibility. The property benefits from consistent local traffic along N Verity Parkway, with approximately 9,000 to 10,500 vehicles per day.
The City of Middletown has expressed interest in encouraging restaurant and food-based uses along this corridor; however, the zoning allows for a broad mix of commercial applications. This creates an opportunity for investors, owner-users, or developers to reposition the asset based on their specific business model.
Offered at $475,000, the property presents an attractive price point relative to its size and flexibility, with potential for value-add through renovation or reconfiguration.
Investment highlights
• Value-add retail building with repositioning potential
• ~5,525 SF allows multi-tenant or owner-user conversion
• Underutilized layout supports retail, service, or flex use
• Opportunity to increase rents through lease-up strategy
• Strong visibility and frontage along North Verity Parkway
• Ample on-site parking with functional site layout
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