Downtown Mixed-Use Commercial
For Sale
$3,990,000
423 Main Street, Middletown, CT 06457
B-1 zoning and a varied tenant roster shape this downtown commercial property.
Property Size39,000 SF
Price / SF$102.31
Days on Market139
Property Features for 423 Main Street
General Information
Standard status
Active
Size
39,000 SF
Property subtype
Commercial
Zoning
B-1
Additional Details
Highway Access
Yes
Amenities
Elevator
Fire Suppression System
Freight Elevator
Building Details
Building Size
39,000 SF
Year Built
1944
Tenancy
Multi
Listing Agency:
Better Homes And Gardens Real Estate Executive Real Estate
(860) 633-8800
Listed By:
Maggie Damato · License #RES.0809417
(860) 510-3991
Source:
Cappellorealty
Added: Jun 10
Changed: Oct 25
Last Checked: Oct 22 at 2:44PM
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
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Investment Insights
Based on property information with market context.
This mixed-use commercial building at 423 Main Street contains approximately 39,000 square feet and dates to 1944. The property has a varied tenant mix and a flexible layout, with significant capital improvements and renovations noted. Its B-1 zoning is a further component of the property’s commercial profile.
The building is on Main Street in downtown Middletown, among restaurants, retail businesses, entertainment venues, and professional offices. Route 9 and Interstate 91 provide regional connections, including access toward Hartford and New Haven.
The building is on Main Street in downtown Middletown, among restaurants, retail businesses, entertainment venues, and professional offices. Route 9 and Interstate 91 provide regional connections, including access toward Hartford and New Haven.
Key Highlights
- Approximately 39,000 square feet
- B‑1 zoning
- Built in 1944
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,161
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - B-1 zoning and a varied tenant roster shape this downtown commercial property.
Where is this mixed-use property located?
The property is located at 423 Main Street Middletown, CT.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Approximately 39,000 square feet; B‑1 zoning; Built in 1944
