530 Main St, Middletown, CT


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Square feet



About 530 Main St

Opportunity for the savvy investor looking to capitalize on adding value by creating a Lifestyle Asset in the heart of Middletown. The asset is in close proximity to Wesleyan University and next to the popular restaurants: Ion, Whey Station, and Luce. Its Only Natural Boutique Grocery Store. This 4 floor asset is 16 units, with 4 storefronts and 12, 1 bedroom apartments. The retail tenants are: a Grocery Store, Boost Mobile, a Barber and one vacant store front. Features of the asset include: 70% new windows, hard wire smoke detectors and sprinkler system. The tenants pay electric. A capital infusion through enhancing the common areas and remodeling the units will make this asset a lifestyle community. Closed comps of $122k-$135k/unit can be attained for modern units in Middletown.

Features of 530 Main St

MLS® # 170554217
Price $1,500,000
Bathrooms 0.00
Square Footage 15,136
Acres 0.09
Year Built 1860
Type Commercial/Investment
Sub-Type Residential Income, Industrial, Investment
Status Active

Community Information

Address 530 Main St
Area N/A
City Middletown
County Middlesex
State CT
Zip Code 06457


Utilities Electric Available, Gas Available, Phone Available, Cable Available
Parking Paved, On Street Parking, Off Street Parking
Garages Paved, On Street Parking, Off Street Parking
Is Waterfront No
Has Pool No


Heating Hot Air, Electric, Natural Gas
Cooling None
Fireplace No


Lot Description Level Topography
Roof Tar/Gravel
Construction Frame
Foundation Concrete

Additional Information

Date Listed March 8th, 2023
Days on Market 20
Zoning B-1
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway NE Prop.

Listing Map

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