578 Main St, Middletown, CT 06457
For Lease
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This exceptional retail opportunity is located at 578 Main Street in the heart of Middletown, Connecticut. The property consists of a three-story building, built in 1900, totaling 4,588 square feet and divided into five suites. Currently, 600 square feet of street-level retail space is available for lease. This space is ideal for a variety of businesses, benefiting from its high visibility on Main Street and significant pedestrian traffic. The property sits on a 0.05-acre lot and is zoned B-1. Convenient metered street parking is readily available. The building allows for on-building signage, further enhancing visibility. The average daily traffic count exceeds 14,200 vehicles. While the minimum divisible space is 600 square feet, the maximum contiguous space available is also 600 square feet. The power supply is to be determined (TBD). This prime location offers excellent potential for a thriving retail business. The property's historical charm combined with its modern accessibility makes it a truly unique opportunity. Don't miss out on this chance to establish your business in a vibrant and bustling downtown setting.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Middletown, CTMiddletown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.