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Fully Leased Middletown Mixed-Use Property

560 MAIN ST Middletown, CT 06457

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Multi-family investment opportunity in downtown Middletown, Connecticut.

Type:Multifamily, Mixed Use
Property size:
6,726 SF
Price / SF:
$245.32/SF
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jun 25 at 9:18 pm

Property Features for 560 MAIN ST

General Information

Standard status
Active
Size
6,726 SF
Property subtype
Multifamily, Mixed Use

Building Details

Year Built
1900

Listing office Marcus & Millichap - New Haven

Listing date May 14, 2026

Source Crexi

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 Marcus & Millichap - New Haven


Investment Insights

Based on property information with market context.

Located in downtown Middletown, Connecticut, 560–564 Main Street is a fully leased multi-family investment opportunity. The property features two ground-floor commercial suites and seven residential apartments, providing a diversified income stream. Significant capital improvements have been made, especially in the residential units. All seven apartments have renovated bathrooms, and multiple units have undergone full or partial gut renovations, including new appliances, upgraded finishes, and replacement windows. Secured exterior entry points have been added, enhancing tenant safety and building quality. The commercial component is anchored by two long-term tenants, offering consistent income and contractual rent growth. The residential units maintain steady occupancy in a supply-constrained downtown market. The property is currently 100% occupied and generates strong in-place income with a reported NOI of approximately $109,730. The property benefits from strong pedestrian activity and proximity to local retailers, restaurants, and Wesleyan University, as well as convenient access to Route 9 and Interstate 91. The surrounding area continues to see investment and revitalization, supporting long-term demand. The property size is 6,726 square feet. This offering is suited for an investor seeking durable, stabilized cash flow with the ability to drive incremental upside through continued unit upgrades and operational efficiencies.

Key Highlights

  • Fully leased multi‑family property in downtown Middletown, CT, generating approximately $109,730 NOI.
  • Diversified income stream from two commercial suites and seven renovated residential apartments.
  • Significant capital improvements completed, including full bathroom renovations and upgraded finishes in residential units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Caribbean flavaz Restaurant Island Fish Head ... Restaurant Melted Madness Take-out & Catering Reggae lifestyle Restaurant

Suggested Use

Carpet & Flooring Store Catering Service Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store & Service Restaurant Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist

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

FAQs

What type of property is this?
Mixed-use property - Multi-family investment opportunity in downtown Middletown, Connecticut.
Where is this mixed-use property located?
The property is located at 560 MAIN ST Middletown, CT.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fully leased multi‑family property in downtown Middletown, CT, generating approximately $109,730 NOI.; Diversified income stream from two commercial suites and seven renovated residential apartments.; Significant capital improvements completed, including full bathroom renovations and upgraded finishes in residential units.
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