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Mixed-Use Building with Storefronts
For Sale
$795,000

163-165 Main Street, Deep River, CT 06417

Five-unit mixed-use building with three apartments and two storefronts, occupied by long-term tenants on Main Street.

Property Size5,384 SF
Price / SF$147.66
Days on Market101

Property Features for 163-165 Main Street

General Information

Standard status Active
Size 5,384 SF
Property subtype 5 Family+

Building Details

Year Built 1850
Listing Agency: VC Property Group, LLC
Listed By: Connor Wenchell · License #RES.0818692
Source: Lockandkeyre
Added: May 27 Changed: Sep 3 Last Checked: Sep 4 at 4:50AM

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 VC Property Group, LLC

Investment Insights

Based on property information with market context.

This mixed-use property at 163-165 Main Street contains five units in total, including three residential apartments and two commercial storefronts. The commercial and residential spaces are described as being occupied by long-term tenants, supporting an income-producing, in-place operating structure.

The building is positioned directly on Main Street, providing storefront exposure along the street frontage. The offering is presented as a stabilized mixed-use investment with value-add characteristics, including potential for additional leasing and rent optimization tied to the current residential and commercial occupancy.

The public remarks also note recent zoning updates that may allow for the addition of residential unit(s) on the 3rd floor, creating a potential future expansion opportunity, subject to applicable approvals.

Key Highlights

  • 5‑unit mixed‑use building on Main Street with 3 residential apartments and 2 commercial storefronts
  • All units are occupied by long‑term tenants
  • Year built: 1850

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 06417, CT

4,415
Population
2,169
Households
2
Avg Household Size
50
Median Age
43%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
327
Density / Sq Mi
$86,995
Median Household Income
$58,567
Median Earnings
$1,219
Median Rent
$349,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit mixed-use building with three apartments and two storefronts, occupied by long-term tenants on Main Street.
Where is this apartment building located?
The property is located at 163-165 Main Street Deep River, CT.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 5‑unit mixed‑use building on Main Street with 3 residential apartments and 2 commercial storefronts; All units are occupied by long‑term tenants; Year built: 1850
More about this property
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