Mixed-Use Commercial
For Lease
$4,500,000
423 Main St, Middletown, CT 06457
Mixed-use building of approximately 39,000 square feet on Main Street in Middletown, with access to Route 9 and I-91.
Space SizeContact for details
Days on Market88
Property Features for 423 Main St
General Information
Standard status
Active
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$45,328
Listing Agency:
Better Homes and Gardens Real Estate Executive Real Estate
(860) 633-8800
Listed By:
Maggie Damato
(860) 510-3991
Source:
Exprealty
Added: Jun 10
Changed: Aug 20
Last Checked: Sep 5 at 10:58AM
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.
This mixed-use commercial building offers approximately 39,000 square feet of space and is positioned for a flexible tenant mix. The property includes renovations and capital improvements that support a blend of historic character with modern functionality, helping maintain usability across different operating setups.
Located along the Main Street corridor in downtown Middletown, the building benefits from proximity to restaurants, retail, entertainment venues, professional offices, and ongoing redevelopment in the area. Access to Route 9 and Interstate 91 connects the property to the greater Hartford and New Haven markets.
With its sizable footprint and adaptable layout, the building is presented as a strong option for investors or owner-users seeking a downtown commercial asset within an actively evolving corridor.
Located along the Main Street corridor in downtown Middletown, the building benefits from proximity to restaurants, retail, entertainment venues, professional offices, and ongoing redevelopment in the area. Access to Route 9 and Interstate 91 connects the property to the greater Hartford and New Haven markets.
With its sizable footprint and adaptable layout, the building is presented as a strong option for investors or owner-users seeking a downtown commercial asset within an actively evolving corridor.
Key Highlights
- Approximately 39,000 SF mixed‑use building on Main Street in downtown Middletown, CT.
- Located along the Main Street corridor with access to Route 9 and Interstate 91.
- Prominent downtown asset with a diverse tenant mix and flexible layout for investors and owner‑users.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,955
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Middletown, CT
$19.32 /SF/Yr
Avg Asking Price
$15.95–$24 /SF/Yr
Price Range
6,405 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Mixed-use building of approximately 39,000 square feet on Main Street in Middletown, with access to Route 9 and I-91.
Where is this retail space located?
The property is located at 423 Main St Middletown, CT.
What is the lease rate?
The lease rate is $4,500,000.
What are key features of this property?
This property features: Approximately 39,000 SF mixed‑use building on Main Street in downtown Middletown, CT.; Located along the Main Street corridor with access to Route 9 and Interstate 91.; Prominent downtown asset with a diverse tenant mix and flexible layout for investors and owner‑users.
