SQUARE FEET15,136
MLS#24161724
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Prime Mixed-Use Investment Opportunity - Downtown Middletown, CT. This asset currently produces 12 cap annually, features a total of 16 units, including 4 retail storefronts and 12 on1-bedroom residential apartments. The retail spaces are currently occupied by established neighborhood businesses, including a grocery store, Boost Mobile, a barber shop, and a convenience store-providing steady foot traffic and consistent rental income.The residential component consists of twelve 1-bedroom units, offering strong demand in this vibrant downtown location. The asset include: mostly of windows recently replaced, hardwired smoke detectors throughout, fire sprinkler system installed, tenants cover their own electric utilities. Well-maintained asset with value-add potential. Street parking is readily available, and tenants can get a residential permit for approximately $55/month for access to designated parking lots nearby. The asset is well located in downtown Middletown, the property benefits from high visibility, walkability, and proximity to restaurants, shopping and public transportation.
Property Features
Property Type: Commercial - Business
Cooling: None
Fuel Type: Electric, Natural Gas
Heating: Hot Air
Lot Size: 0.09 Acres
Roof Type: Tar/Gravel
Taxes: $25,559
Year Built: 1860
Feature Descriptions
Lot: Level Lot
Road Type: Paved Road
Sewer: Public Sewer Connected
Units: 16
Utility Features: Electric Available, Gas Available, Cable Available
Water: Public Water Connected
Listed By / Shown By
Listing By
Agency Name: Ethos Rlty, LLC
Agency Phone: (914) 8303708
Agent Name: Geni C. Silva
Shown By
Agent Name: Brenda Wilson
Agent Phone:
Agency Title: Coldwell Banker Choice Properties
Brenda Wilson
Email Me
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. . Copyright 2021 SmartMLS, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
530 Main | MLS# 24161724
This commercial property located at 530 Main , Middletown, CT 06457 is currently listed for sale with an asking price of $1,500,000. Search Middletown real estate on brenda-wilson.coldwellbankerchoice.com today.