SQUARE FEET13,837
MLS#24154052
STATUSUnder Contract - Continue to Show
PROPERTY TYPECommercial - Business
Property Description
Welcome to Main St in Middletown! This 10 Unit mixed use brick beauty is anchored by 2 established commercial tenants on the ground level and 8 massive (900+Sq Ft) one-bedroom residential units above- an incredible opportunity for a stabilized asset with additional room for growth in a highly competitive location and market! The long-term ground-floor commercial tenants provide reliable income and contribute substantial CAM payments, ensuring manageable operating expenses for ownership. Seven of the eight residential units have been modernized in recent years, with all tenants responsible for electric and hot water, maximizing net income. Significant value-add opportunity exists as current rents remain below market despite recent renovations. Multiple near-term lease expirations combined with strong comparable rents throughout the neighborhood support immediate, achievable income growth for a new owner! This asset is ideal for an investor seeking a stabilized mixed-use building with reliable income and a clear potential for growth and appreciation in a high-demand market.
Property Features
Property Type: Commercial - Business
Cooling: Window Unit
Fuel Type: Oil
Heating: Steam
Lot Size: 0.11 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $18,591
Year Built: 1917
Feature Descriptions
Days on Site: 111
Flooring: Vinyl, Wood
Lot: Level Lot
Road Type: Municipal Street
Sewer: Public Sewer Connected
Units: 10
Utility Features: Electric
Water: Public Water Connected
Listed By / Shown By
Listing By
Agency Name: Century 21 AllPoints Realty
Agent Name: Lindy Hoyt
Agency Phone: (860) 2632121
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 12:22:19 AM EST) or GSMLS (last updated Thu 06/04/2026 11:54:28 PM EST) or SMART MLS (last updated Thu 06/04/2026 10:58:44 PM EST) or New York State Alliance MLS (last updated Fri 06/05/2026 12:19:08 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 06/05/2026 12:11:25 AM EST) or My State MLS (last updated Thu 06/04/2026 11:30:24 PM EST) or Berkshire MLS (last updated Thu 06/04/2026 8:13:03 PM EST) or OneKey MLS (last updated Fri 06/05/2026 12:14:36 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Choice Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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
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
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Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
480 Main | MLS# 24154052
This commercial property located at 480 Main, Middletown, CT 06457 is currently listed for sale with an asking price of $1,450,000. Search Middletown real estate on www.coldwellbankerchoice.com today.