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51 S Main St Middletown, CT 06457

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For Sale
$1,800,000

Meticulously maintained medical/office properties with immediate cash flow.

Property size:
8,390 SF
Lot size:
0.52 Acres

Property Features for 51 S Main St

General Information

Standard status
Active
Zoning
MXC - Mixed Use Commercial
Size
8,390 SF
Lot size
0.52 Acres

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Listing Contact
Brendan Kelly
Brendan Kelly
Source: Crexi

Listing Agency: Harding Development Group Listing Agent: Brendan Kelly

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Profitable Medical/Office Investment Opportunity

The properties at 51 & 57 South Main Street in Middletown are being offered as a package. These meticulously maintained medical/office investment properties offer 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. 51 South Main Street has been meticulously maintained, preserving the late 1800s Italian Architecture and period-appropriate fits and finishes. New vinyl siding was added to 51 South Main Street around 2000. A partial roof replacement and chimney work were completed at 51 South Main Street approximately 5 years ago. The newly paved and striped parking area accommodates 30+ vehicles. Easy highway access is available to State Route 9. HVAC units were replaced at 57 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 57 South Main Street basement is currently used for owner storage but could be converted to leasable space or paid tenant storage. The property offers owner/user potential with non-renewal of leases. The total property size is 8390 square feet.
Location Intelligence

Current Use by Public Records

Howard Boey Physician Marcus Larry M ... Physician Southern New England ... Medical Clinic Di Dato Gary ... Physician Dr. Lawrence H. ... Physician

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Pieper Veterinary Berlin Street

Location Insight

  • Map
  • Local Demand
City
Middletown
County
Middlesex
State
Connecticut
Longitude
-72.6493956
Latitude
41.5548279

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 S Main St 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: - Substantial immediate cash flow due to investor-friendly triple net lease structures.; - High 7.4% in-place cap rate.; - Strategic location directly across from Middlesex Health's main hospital campus, offering significant appreciation potential.
More about this property
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