480 Main St Middletown, CT 6457
New
Ten-unit mixed-use building with commercial and residential spaces.
Type:Multi Family
- Added:
- Apr 27, 2026
- Days on Market:
- 3
- Last Refresh:
- Apr 27 at 2:30 pm
Property Features for 480 Main St
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1917
Listing agent Lindy Hoyt (860) 539-2730
Listing office Century 21 AllPoints Realty (860) 539-2730
Listing date Apr 27, 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 mixed-use brick building features 10 units. The property includes 2 established commercial tenants on the ground level and 8 one-bedroom residential units above, each exceeding 900 square feet. The ground-floor commercial tenants provide income and contribute to CAM payments. Seven of the eight residential units have been modernized in recent years. Tenants are responsible for electric and hot water. There is potential for increased income, as current rents are below market rates. Multiple near-term lease expirations combined with strong comparable rents throughout the neighborhood support income growth for a new owner. The property is suitable for an investor seeking a stabilized mixed-use building with potential for growth and appreciation in a high-demand market. The walk score is 74, indicating the area is very walkable. The bike score is 33, indicating the area is somewhat bikeable.
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 reliable income from long‑term commercial tenants.; 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.
