Profitable Medical/Office Investment
51-57 South Main Street, Middletown, CT 06457
Meticulously maintained medical/office properties with immediate cash flow.
Type:Commercial
Property size:
8,390 SFLot size:
0.52 AcresPrice / SF:
$214/SF- Added:
- Mar 4, 2026
- Days on Market:
- 67
- Last Refresh:
- Apr 5 at 10:17 pm
Property Features for 51-57 South Main Street
General Information
- Standard status
- Active
- Size
- 8,390 SF
- Lot size
- 0.52 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1860
Listing agent BRENDAN KELLY License #REB-0795159
Listing office Harding Commercial Real Estate (860) 344-5551
Listing date Mar 4, 2026
Source Corcoran
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 Harding Commercial Real Estate
HighLights
- 7.4% In‑Place Cap Rate: Provides substantial immediate cash flow.
- NNN Lease Structure: Investor‑friendly, allowing for rent collection with minimal cash outlay.
- Strategic Location: Directly across from Middlesex Health's main hospital campus, offering appreciation potential.
- Ample Parking: Newly paved and striped parking area with space for 30+ vehicles.
- Highway Accessibility: Easy access to State Route 9.
- Recent Improvements: HVAC units and partial roof replacement updated approximately 5 years ago.
Overview
The properties at 51-57 South Main Street in Middletown are being offered for sale as a package. These meticulously maintained medical and office investment properties offer substantial immediate cash flow through investor-friendly triple net lease structures. The properties are located directly across the street from Middlesex Health's main hospital campus. The location offers significant additional upside through appreciation. The property features a newly paved and striped parking area with parking for over 30 vehicles and easy access to State Route 9. 51 South Main Street has been meticulously maintained, preserving the late 1800s architecture and period-appropriate fits and finishes. The HVAC units at 57 South Main Street were replaced approximately 5 years ago. A partial roof replacement and chimney work were completed at 51 South Main Street approximately 5 years ago. The elevator at 57 South Main Street underwent major servicing in 2025, including the installation of new hydraulics. The 8,390 square foot property has owner/user potential with non-renewal of leases. The basement at 57 South Main Street is currently used for owner storage.
Location Intelligence
Current Use by Public Records
Medical Office Space
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.644926
- Latitude
- 41.55363
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Meticulously maintained medical/office properties with immediate cash flow.
Where is this medical office space located?
The property is located at 51-57 South Main Street Middletown, CT.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 7.4% In‑Place Cap Rate: Provides substantial immediate cash flow.; NNN Lease Structure: Investor‑friendly, allowing for rent collection with minimal cash outlay.; Strategic Location: Directly across from Middlesex Health's main hospital campus, offering appreciation potential.
