Profitable Medical/Office Investment
51-57 S Main St, Middletown, CT 06457
Two meticulously maintained properties with immediate cash flow potential.
Type:Commercial
- Added:
- Apr 24, 2026
- Days on Market:
- 40
- Last Refresh:
- Apr 24 at 5:50 pm
Property Features for 51-57 S Main St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1860
Listing agent Brendan Kelly License #REB-0795159 (860) 463-3326
Listing office Harding Development Group (860) 463-3326
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Harding Development Group
HighLights
- 7.4% In‑Place Cap Rate: Provides substantial immediate cash flow.
- NNN Lease Structure: Minimizes landlord responsibilities and expenses.
- Strategic Location: Directly across from Middlesex Health's main hospital campus, offering potential appreciation.
- Ample Parking: Newly paved and striped parking area with 30+ spaces.
- Easy Highway Access: Convenient access to State Route 9.
- Well‑Maintained Properties: Includes recent HVAC, roof, and elevator servicing, plus preserved architectural details at 51 South Main Street.
Overview
The properties at 51 & 57 South Main Street in Middletown are available for purchase as a package. These medical/office investment properties offer immediate cash flow through triple net lease structures. The properties are located directly across the street from Middlesex Health's main hospital campus. The parking area has been newly paved and striped, offering parking for 30+ vehicles. The properties provide easy access to State Route 9. The HVAC units at 57 South Main Street were replaced approximately 5 years ago. A partial roof replacement and chimney work were completed at 51 South Main Street approximately 5 years ago. The building at 51 South Main Street has been meticulously maintained, preserving the late 1800s architecture. The elevator at 57 South Main Street underwent major servicing in 2025, including the installation of new hydraulics. There is owner/user potential with non-renewal of leases. The basement at 57 South Main Street is currently used for owner storage.
Location Intelligence
Current Use by Public Records
Medical Office Space
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.6493956
- Latitude
- 41.5548279
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two meticulously maintained properties with immediate cash flow potential.
Where is this medical office space located?
The property is located at 51-57 S Main St Middletown, CT.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 7.4% In‑Place Cap Rate: Provides substantial immediate cash flow.; NNN Lease Structure: Minimizes landlord responsibilities and expenses.; Strategic Location: Directly across from Middlesex Health's main hospital campus, offering potential appreciation.
