480 Main St Middletown, CT 6457
New
- Added:
- Apr 24, 2026
- Days on Market:
- 5
- Last Refresh:
- Apr 24 at 5:50 pm
Property Features for 480 Main St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1917
Listing agent Lindy Hoyt (860) 539-2730
Listing office Century 21 AllPoints Realty (860) 539-2730
Listing date Apr 24, 2026
Source Elliman
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 Century 21 AllPoints Realty
Overview
Mixed-Use Building in Middletown
Located on Main St in Middletown, this ten-unit mixed-use building features two established commercial tenants on the ground floor and eight one-bedroom residential units above. The residential units are each over 900 square feet. Seven of the eight residential units have been modernized in recent years. The ground-floor commercial tenants provide income and contribute to CAM payments. Tenants are responsible for electric and hot water, maximizing net income. There is potential for income growth as current rents remain below market despite recent renovations. Multiple near-term lease expirations combined with comparable rents throughout the neighborhood support income growth for a new owner. The location has a walk score of 74, indicating it is very walkable, and a bike score of 33, indicating it is somewhat bikeable. This property is suitable for an investor seeking a mixed-use building with income and potential for growth and appreciation.
Location Intelligence
Current Use by Public Records
Ace Hardware of Middletown
Building Supply
Resharp
Sharpening Service
U-Haul Neighborhood Dealer
Car Rental Facility
Middletown Market
(Bike/Boat/Book/etc) Store
Middletown Self Storage ...
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.6507628
- Latitude
- 41.562805
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Ten-unit mixed-use building with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 480 Main St Middletown, CT.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Stabilized mixed‑use building with 2 established commercial tenants, providing reliable income and CAM payments.; Significant value‑add opportunity through rent increases due to below‑market rents and near‑term lease expirations.; **Eight large (900+ sq ft) one‑bedroom residential units, seven of which have been recently modernized.**
