Downtown Mixed-Use
For Sale
$3,990,000
423 Main Street, Middletown, CT 06457
Commercial For Sale, Middletown, CT
Property Size39,000 SF
Lot Size0.18 Acres
Price / SF$102.31
Days on Market139
Property Features for 423 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3
Interior features
Elevator,Fire Suppression System,Freight Elevator
Accessibility
Accessible Elevator Installed
Directions
Washington to main st.
Standard status
Active
Size
39,000 SF
Lot size
0.18 Acres
Additional Details
Tenant in Place
Yes
Property Use
Mixed-Use
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
45328
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1944
Buildings
1
Listing Agency:
Better Homes and Gardens Real Estate Executive Real Estate
(860) 633-8800
Listed By:
Maggie Damato
(860) 510-3991
Added: Jun 10
Changed: Oct 25
Last Checked: Oct 26 at 7:06AM
MLS# 24182009
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 423 Main Street in downtown Middletown, this mixed-use building contains approximately 39,000 square feet on a 0.18-acre site. Constructed in 1944, the property has undergone capital improvements and renovations. Interior features include passenger and freight elevators, a fire suppression system, accessible elevator access, and central air conditioning. Public water and public sewer serve the property.
The building sits along Main Street in Middletown, CT, near restaurants, retail businesses, entertainment venues, professional offices, cultural attractions, and major employers. Access to Route 9 and Interstate 91 connects the property with the greater Hartford and New Haven markets. B-1 zoning and the building’s mixed-use classification support its commercial positioning within the downtown corridor.
The building sits along Main Street in Middletown, CT, near restaurants, retail businesses, entertainment venues, professional offices, cultural attractions, and major employers. Access to Route 9 and Interstate 91 connects the property with the greater Hartford and New Haven markets. B-1 zoning and the building’s mixed-use classification support its commercial positioning within the downtown corridor.
Key Highlights
- Approximately 39,000 square feet on a 0.18‑acre site
- B‑1 zoning in downtown Middletown
- Main Street location near restaurants, retail, offices, and entertainment venues
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,161
Businesses Nearby
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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, central air, and elevator service are in place.
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 on a 0.18‑acre site; B‑1 zoning in downtown Middletown; Main Street location near restaurants, retail, offices, and entertainment venues
