153 Main St Middletown, CT 06457-3810
- Industrial land
- 0.49 lot acres
Current Use by Public Records
- Industrial land
Property Details for 153 Main St
- Lot size
- 0.49 lot acres
- Zone code
- MXI
- Property type
- Industrial land
- APN
- MTWN M:34 L:0007
- APU
- MTWNM34L0007
Description
Exceptional multifamily development opportunity in Middletown, Connecticut, awaits. This offering encompasses four contiguous parcels totaling 0.57 acres situated at 153 South Main Street and extending to 19 and 21 Loveland Street. The combined land area presents a unique chance to create a substantial residential or mixed-use development. The property is zoned MXC, permitting both commercial and residential construction, offering significant flexibility for developers. Its strategic location along the Route 17/South Main Street Medical Corridor provides convenient access to Middlesex Hospital, situated directly across the street, and benefits from the proximity of Route 9 on and off ramps, ensuring easy commutes. The surrounding area boasts an array of amenities, including a Big Y supermarket, public library, diverse restaurants, and entertainment options such as escape rooms. The three building lots offer ample space for a significant project, with the additional Loveland Street parcels potentially providing extra parking or further construction possibilities. The asking price for this exceptional development opportunity is $350,000. This represents a compelling investment prospect in a thriving Connecticut community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.6426
- Latitude
- 41.5518
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
