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Mixed-Use Commercial Building
For Sale
$4,500,000

423 Main St, Middletown, CT 06457

Commercial building on Main Street featuring renovated improvements and a flexible, multi-tenant layout.

Property Size39,000 SF
Price / SF$115.38
Days on Market62

Property Features for 423 Main St

General Information

Standard status Active
Size 39,000 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $45,328

Building Details

Year Built 1944
Tenancy Multi
Listing Agency: Better Homes and Gardens Real Estate Executive Real Estate
Listed By: Maggie Damato
Source: Ma-cthomes
Added: Jul 6 Changed: Sep 3 Last Checked: Sep 4 at 7:05AM

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 Better Homes and Gardens Real Estate Executive Real Estate

Investment Insights

Based on property information with market context.

423-425 Main Street is a mixed-use commercial building located in downtown Middletown, positioned along the Main Street corridor. The property is approximately 39,000 square feet and offers a flexible layout designed to support a diverse tenant mix. Public remarks note significant capital improvements and renovations, blending historic character with modern functionality.

The asset benefits from its position within a concentrated commercial environment that includes restaurants, retail destinations, entertainment venues, professional offices, and ongoing redevelopment activity. Access is described as convenient to Route 9 and Interstate 91, supporting connectivity to the greater Hartford and New Haven markets.

Key Highlights

  • Approximately 39,000 SF mixed‑use commercial building on Main Street in downtown Middletown
  • Year built 1944
  • Mixed‑use, flexible multi‑tenant layout

Property Analytics

Current Use

Y'BChimneyDryerVentCleaning General Contractor A1 Portable Toilet ... Building Supply R Julia Bookstore (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,955
Businesses Nearby

Demographics for 06457, CT

46,505
Population
22,138
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
40.7 sq mi
ZIP Area
1,143
Density / Sq Mi
$74,003
Median Household Income
$48,240
Median Earnings
$1,392
Median Rent
$279,500
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial building on Main Street featuring renovated improvements and a flexible, multi-tenant layout.
Where is this office building located?
The property is located at 423 Main St Middletown, CT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Approximately 39,000 SF mixed‑use commercial building on Main Street in downtown Middletown; Year built 1944; Mixed‑use, flexible multi‑tenant layout
More about this property
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