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Mixed-Use Building with Retail Units
For Lease
$889,900

970 Newfield St, Middletown, CT 06457

Three ground-floor commercial spaces sit below an occupied apartment, combining retail and residential components.

Space SizeContact for details
Days on Market9

Property Features for 970 Newfield St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $10,657
Listing Agency: William Raveis Real Estate
Listed By: Syed Musa Kazam · License #RES.0835447
Source: Exprealty
Added: Oct 26 Changed: Nov 1 Last Checked: Nov 1 at 3:49PM

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

Rey
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Investment Insights

Based on property information with market context.

The 4,336-square-foot building has three commercial units at street level. Two have been joined and are occupied by one tenant; the remaining unit is vacant. An occupied apartment is located on the second floor. Existing long-term leases are also in place.

The property includes two parcels totaling approximately 1.20 acres: one of 0.43 acres and another of 0.77 acres. It is located at 970 Newfield St in Middletown, on Route 3.

Key Highlights

  • 4,336‑square‑foot mixed‑use property
  • Two parcels totaling approximately 1.20 acres: 0.43 acres and 0.77 acres
  • Three ground‑level commercial units; two combined and occupied by one tenant

Property Analytics

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Open Analytics

Current Use

CT Salon - Hair ... Hair Salon Color.Me.Madddd Salon Hair Salon Ghezzi's Market & Deli Food Market Ghezzi's Package Store Specialty Food Shop Affordable Computer Services ... Computer & Electronic Repair

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Big Box & Wholesale Store Grocery & Convenience Store Plumbing Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
36k
Monthly Visits Nearby

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three ground-floor commercial spaces sit below an occupied apartment, combining retail and residential components.
Where is this mixed-use property located?
The property is located at 970 Newfield St Middletown, CT.
What is the lease rate?
The lease rate is $889,900.
What are key features of this property?
This property features: 4,336‑square‑foot mixed‑use property; Two parcels totaling approximately 1.20 acres: 0.43 acres and 0.77 acres; Three ground‑level commercial units; two combined and occupied by one tenant
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