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Historic Mixed-Use Building
For Sale
$2,249,500

668 Main Street, Middletown, CT 06457

Fully leased brick property combines residential apartments with a ground-floor retail suite in a walkable downtown setting.

Property Size11,232 SF
Price / SF$200.28
Days on Market108

Property Features for 668 Main Street

General Information

Standard status Active
Size 11,232 SF
Property subtype Commercial
Zoning B-1
Occupancy 100%
Net Operating Income $182,936

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Units

Unit Mix 4 x 2BR/2BA, 7 x 1BR, 6 x studio
Multifamily Units 17

Taxes and HOA fees

Annual Taxes $27,813

Building Details

Building Size 11,232 SF
Year Built 1850
Buildings 1
Units 18
Construction brick
Tenancy Multi
Listing Agency: Seabury Hill Realtors
Listed By: John Hill · License #REB.0795121
Source: Westshorerealty
Added: May 7 Changed: Aug 17 Last Checked: Aug 21 at 2:54PM

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 Seabury Hill Realtors

Investment Insights

Based on property information with market context.

Built in 1850, this 11,232-square-foot mixed-use property contains 17 residential apartments and one ground-level retail space within a corner brick building. The residential mix includes four two-bedroom, two-bath units, seven one-bedroom apartments, and six studios. Units offer distinct layouts, natural light, high ceilings, large bedrooms, and substantial closet space. The property also includes a large unfinished basement, separate gas boilers, and shared electricity. Select windows, appliances, and carpeting have been replaced recently.

The retail suite is leased to a mobile carrier/retailer through 2028 and includes annual rent escalation. The building is fully leased and positioned on Main Street in Downtown Middletown, near restaurants, boutiques, and more than seven walkable blocks of dining, shops, art, music, and entertainment. Route 9 is easily accessible, and Wesleyan University is a short drive or walk away. The property is zoned B-1.

Key Highlights

  • 18‑unit mixed‑use building with 17 residential apartments and 1 ground‑level retail space
  • 11,232 SQ FT corner brick building constructed in 1850
  • Residential mix includes four 2‑bedroom, 2‑bath units, seven 1‑bedroom units, and six studios

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Computer & Electronic Repair Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,161
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased brick property combines residential apartments with a ground-floor retail suite in a walkable downtown setting.
Where is this mixed-use property located?
The property is located at 668 Main Street Middletown, CT.
What is the asking price?
The asking price for this property is $2,249,500.
What are key features of this property?
This property features: 18‑unit mixed‑use building with 17 residential apartments and 1 ground‑level retail space; 11,232 SQ FT corner brick building constructed in 1850; Residential mix includes four 2‑bedroom, 2‑bath units, seven 1‑bedroom units, and six studios
More about this property
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