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Middletown Office & Retail Building
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423-425 Main St, Middletown, CT

Four-story office and retail building in downtown Middletown.

Space Size1,000 SF
Lot Size0.20 Acres
Days on Market972

Property Features for 423-425 Main St

General Information

Standard status Active
Size 1,000 SF
Lot size 0.20 Acres
Property subtype OFFICE

Spaces For Lease

at 423-425 Main St Contact us

423 Main St $10/SF/Yr

Size
1,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Single office suites starting at just $545/month including utilities**All utilities...
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Listing Agency: Harding Development Group
Listed By: Brendan Kelly · License #REB-0795159
Source: Moodyscre
Added: Jan 3, 2024 Changed: Aug 8 Last Checked: Aug 30 at 10:29PM

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

Investment Insights

Based on property information with market context.

Located in downtown Middletown, 423 Main Street is a four-story office and retail building. The common areas feature high-quality moldings and finishes. The fourth floor has been remodeled and offers single-room offices with shared amenities. These amenities include a furnished waiting room, a kitchenette with a Corian countertop, a refrigerator, a microwave, and two restrooms. The third floor provides a 600-square-foot private single-room office. The lower level offers an open space of approximately 7,800 square feet. This space is suitable for a dance studio or a recreation/entertainment business, such as an arcade, ax throwing, virtual golf, or a bowling alley. The landlords are open to discussing other ideas and are willing to work with a tenant on a build-out to fit their specific needs. Tenants are not responsible for their own utilities, and the lower level could possibly be subdivided. Single office suites are available starting at $545 per month, including utilities.

Key Highlights

  • All utilities included in monthly rent (starting at $545)
  • Custom build‑outs available to fit specific tenant needs
  • Prime downtown Middletown location

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Pet Grooming Service

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

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,955
Businesses Nearby

Market

Lease Benchmarks for Middletown, CT

$15.71 /SF/Yr
Avg Asking Price
$3.6–$23 /SF/Yr
Price Range
2,062 SF
Avg Space Size

This space is priced 36% below the average of $15.71 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Four-story office and retail building in downtown Middletown.
Where is this office units located?
The property is located at 423-425 Main St Middletown, CT.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: All utilities included in monthly rent (starting at $545); Custom build‑outs available to fit specific tenant needs; Prime downtown Middletown location
(860) 463-3326 Call to check price and availability
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