Mixed-Use Retail and Apartment
For Sale
$1,500,000
Pending
530 Main St, Middletown, CT 06457
Mixed-use property with 4 occupied retail storefronts and 12 one-bedroom apartments, with recently replaced windows.
Property Size11,033 SF
Days on Market147
Property Features for 530 Main St
General Information
Standard status
Pending
Size
11,033 SF
Property subtype
Multi Family
Additional Details
Cap Rate
12%
Sprinkler System
Yes
Multifamily Units
12
Building Details
Building Size
11,033 SF
Year Built
1860
Listing Agency:
Ethos Rlty, LLC
Listed By:
Geni C. Silva · License #RES.0820573
(914) 629-1612
Source:
Elliman
Added: Apr 13
Changed: Sep 2
Last Checked: Sep 5 at 9:01AM
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 Ethos Rlty, LLC
Investment Insights
Based on property information with market context.
This mixed-use building offers 16 total units, including four retail storefronts and twelve one-bedroom residential apartments. The retail spaces are currently occupied by established neighborhood businesses. The residential component consists of twelve one-bedroom units. The property includes mostly newly replaced windows, hardwired smoke detectors throughout, and an installed fire sprinkler system. Tenants cover their own electric utilities.
Street parking is readily available. Residential tenants can obtain a permit for approximately $55/month for access to designated parking lots nearby. The asset is located in downtown Middletown, CT, and is described as very walkable, with a walkScore of 79 and a bikeScore of 35 (somewhat bikeable). The property is also noted as being near restaurants, shopping, and public transportation.
Overall, the building combines occupied neighborhood retail with a 1-bedroom apartment mix, supported by documented life-safety systems and recent window replacements.
Street parking is readily available. Residential tenants can obtain a permit for approximately $55/month for access to designated parking lots nearby. The asset is located in downtown Middletown, CT, and is described as very walkable, with a walkScore of 79 and a bikeScore of 35 (somewhat bikeable). The property is also noted as being near restaurants, shopping, and public transportation.
Overall, the building combines occupied neighborhood retail with a 1-bedroom apartment mix, supported by documented life-safety systems and recent window replacements.
Key Highlights
- Mixed‑use building (1860) with 16 total units: 4 retail storefronts and 12 one‑bedroom apartments
- Retail is leased to neighborhood businesses, including a grocery store, Boost Mobile, a barber shop, and a convenience store
- Residential unit mix: twelve 1‑bedroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,955
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with 4 occupied retail storefronts and 12 one-bedroom apartments, with recently replaced windows.
Where is this mixed-use property located?
The property is located at 530 Main St Middletown, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Mixed‑use building (1860) with 16 total units: 4 retail storefronts and 12 one‑bedroom apartments; Retail is leased to neighborhood businesses, including a grocery store, Boost Mobile, a barber shop, and a convenience store; Residential unit mix: twelve 1‑bedroom apartments
