Welcome to 480 Main Street, Middletown a rare investment opportunity in the heart of Downtown Middletown !
| Website: | https://www.nestseekers.com/5571246 |
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| Address: | 480 Main Middletown, CT 06457 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Bathrooms: | 10 |
| Area: | 13837 sq ft |
Financials
Price:$1,300,000
Annual Taxes:$18,600
Description
Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown
Amenities
- ceiling fan
- Elementary School -
- High School -
- Intermediate School -
- Window Unit
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Lindy Hoyt of Century 21 AllPoints Realty | |