2-12 W Main St Middletown, DE 19709

This mixed-use property in Middletown, DE, presents an investment opportunity. It features a 12,615 square foot building with five first-floor retail spaces and twelve apartment units. Additionally, there is a 12,000 square foot, three-story former firehouse with six overhead doors and a flexible floor plan. The property is located at the intersection of Main Street and South Broad Street, offering high visibility in the heart of Middletown. The property benefits from its location within Middletown’s Downtown Development District, which provides access to incentives and rebates, including grants for construction costs. The apartment units have been recently renovated. The property includes 100 feet of frontage on Main Street and ample on-site parking with 53 striped spaces for tenants and customers. The landscaping and exterior are well-maintained. The flexible floor plan can accommodate various businesses. This property is suitable for an investor or owner-user seeking an income-producing property with value-add potential, along with a historic building within a flexible zoning code.