Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    728 Main Street Ext Middletown, CT 06457

    For Sale
    $339,000

    Iconic diner, 1420 sq ft, high-traffic Main St.

    Property size:
    1,420 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 1,420 square foot commercial property located at 728 Main Street in Middletown, Connecticut, presents a unique investment opportunity. Built in 1946, this historic building boasts a rich history as the former home of O'Rourke's Diner, a beloved establishment featured on the popular television show, Diners, Drive-Ins, and Dives. The property sits on a 0.11-acre lot in a prime location on Main Street, a bustling area known for its diverse culinary scene and thriving retail businesses. Middletown, with a population exceeding 47,000 residents and home to Wesleyan University, offers a strong market for food-related businesses. The building's character and established reputation provide a solid foundation for a variety of ventures, from reviving the diner's legacy to establishing a completely new concept. The surrounding area is home to a variety of successful restaurants including Esca, La Boca, Luce, Eli Cannons, Fiores, SoNo Cupcakes, Forbidden, and Sweet Harmony Cafe, highlighting the area's vibrant and competitive food scene. This property offers a rare chance to acquire a piece of Middletown's culinary heritage and capitalize on its high-traffic location. The asking price is $339,000.

    Property Features for 728 Main Street Ext

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,420 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.65253
    Latitude
    41.56592

    Nearby Similar for Sale

    • $299,900
      Pending

      Two-Family Property in Middletown, CT

      Well-maintained two-family property with spacious units and convenient location.
      10 Wall St, Middletown, CT 06457
      View Details
    • $219,999

      Restaurant Business Opportunity in Middletown

      Established restaurant for sale in thriving downtown Middletown location.
      129 Church St, Middletown, CT 06457
      View Details
    • $375,000
      Pending

      Middletown Three-Family Home

      Well-kept three-family home near downtown and Wesleyan University.
      40 Rome Ave, Middletown, CT 06457
      View Details
    • $385,500
      Pending

      Remodeled Two-Family Home in Middletown

      Middletown two-family home with remodeled units and modern finishes.
      102 Main Street Ext, Middletown, CT 06457
      View Details
    • $1,095,000
      7,814 SF

      Middletown Office Condo For Sale

      Pristine 7,814 SF office condo in downtown Middletown.
      575 Main St, Middletown, CT 06457
      View Details
    • $479,900
      1,281 SF

      Middletown Commercial Property for Sale

      Versatile commercial property in prime location, ideal for various ventures.
      110 Coe Ave, Middletown, CT 06457
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Iconic diner, 1420 sq ft, high-traffic Main St.
    Where is this commercial real estate located?
    The property is located at 728 Main Street Ext Middletown, CT.
    What is the asking price?
    The asking price for this property is $339,000.
    (860) 633-3674
    Request Owner's contact information
    728 Main Street Ext Middletown, CT 06457
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    728 Main Street Ext
    Middletown, CT 06457
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    728 Main Street Ext Middletown, CT 06457
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.