Mixed-Use Property with Retail
New
For Sale
$889,900
970 Newfield, Middletown, CT 06457
A second-floor apartment and three ground-level commercial suites create a combination of residential and business space.
Property Size1,947 SF
Lot Size1.20 Acres
Price / SF$205.24
Days on Market6
Property Features for 970 Newfield
General Information
Standard status
Active
Size
1,947 SF
Lot size
1.20 Acres
Property subtype
Commercial
Lease Term
Listing ID: 24215163, Standard Status: Active, MLS Status: Active
Site & Location
Road Access
Yes
Mixed-Use Components
commercial, residential
Additional Details
Multifamily Units
1
Tenant in Place
Yes
Building Details
Building Size
1,947 SF
Year Built
1947
Buildings
1
Listing Agency:
William Raveis Real Estate
(860) 739-4455
Listed By:
Syed Musa Kazam · License #RES.0835447
(860) 909-8703
Source:
Iverty
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 30 at 3:37PM
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 William Raveis Real Estate
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Investment Insights
Based on property information with market context.
This 4,336-square-foot mixed-use building dates to 1947 and contains three commercial units on the ground floor. Two units are combined and occupied by one tenant; the remaining unit is vacant. An occupied residential apartment is located upstairs. The sale includes two parcels totaling approximately 1.20 acres, measuring 0.43 acres and 0.77 acres.
The property is on Newfield Street, also designated Route 3, in Middletown, Connecticut. Its position along the road provides direct exposure to passing traffic.
The property is on Newfield Street, also designated Route 3, in Middletown, Connecticut. Its position along the road provides direct exposure to passing traffic.
Key Highlights
- 4,336‑square‑foot mixed‑use building constructed in 1947
- Three ground‑floor commercial units; two are combined and occupied by one tenant
- One vacant commercial unit and an occupied second‑floor apartment
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Home Improvements & Furnishings 36%
Dining 17%
Tractor Supply Co.
Home Improvements & Furnishings
13,078 visits/mo
0.2 miles
Dollar General
Shops & Services
9,418 visits/mo
0.4 miles
Citgo
Shops & Services
6,655 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,020 visits/mo
0.3 miles
U-Haul
Shops & Services
1,012 visits/mo
0.5 miles
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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A second-floor apartment and three ground-level commercial suites create a combination of residential and business space.
Where is this mixed-use property located?
The property is located at 970 Newfield Middletown, CT.
What is the asking price?
The asking price for this property is $889,900.
What are key features of this property?
This property features: 4,336‑square‑foot mixed‑use building constructed in 1947; Three ground‑floor commercial units; two are combined and occupied by one tenant; One vacant commercial unit and an occupied second‑floor apartment
