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    153 S Main St Middletown, CT 06457

    For Sale
    $350,000

    Four adjacent parcels for residential or commercial construction.

    Lot size:
    0.57 Acres

    Property Features for 153 S Main St

    General Information

    Lot size
    0.57 Acres

    Source: Harding Development Group Agent Brendan Kelly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Middletown Multifamily Development Opportunity

    This property offers a multifamily development opportunity, consisting of four adjacent parcels totaling over a half-acre of land. The parcels are located on South Main Street and Loveland Street in Middletown, Connecticut. The main property is situated at 153 South Main Street, while the other two lots are located at 19 and 21 Loveland Street, presenting possibilities for additional parking or construction. The properties are located in the MXC zone, which allows for either residential or commercial construction. The location offers convenient access to amenities such as Big Y, a public library, restaurants, and Escape Rooms. Commuting is facilitated by the proximity of Route 9 on and off ramps to South Main Street/Route 17, located just across the street.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -72.6499707
    Latitude
    41.5520222

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    FAQs

    What type of property is this?
    Land - Four adjacent parcels for residential or commercial construction.
    Where is this land located?
    The property is located at 153 S Main St Middletown, CT.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Multifamily development opportunity on over a half-acre.; - MXC zoning allows for residential or commercial construction.; - Four adjacent parcels included in the sale.
    (860) 463-3326
    Request Owner's contact information
    153 S Main St Middletown, CT 06457
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    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
    153 S Main St Middletown, CT 06457
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