Financial
Distress signals
Property profile

728 Main St Middletown, CT 06457

OFF-MARKET
Showrooms
Property ID
US15-0906162
1,420 SF 0.11 ac lot Built 1950
Last sale Oct 2007 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,420 sq ft restaurant property at 728 Main St, Middletown, CT 06457, is brimming with potential. Previously home to the renowned O'Rourke's Diner, featured on Diners, Drive-Ins, and Dives, this iconic location offers a unique opportunity for a new culinary venture or the revival of a beloved establishment. The property boasts a prime location in a high-traffic area of Middletown, a vibrant city with over 47,000 residents and home to Wesleyan University. Middletown's

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$184k
Assessed land$114k
Assessed improvement$70k
Effective rate3.51%

Value estimate

· Sep 2026
$310k
$279k – $341k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$77 – $155
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
for the B-1 Zone, which shall be as required in accordance with the zoning codes for the underlying Zone, the following bulk requirements...
General categoryCOMMERCIAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.8
Catering Service8.6
Computer & Electronic Repair8.3

Location

728 Main St Middletown, CT 06457-2733
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
85 Church St, Middletown, CT 06457-3647 $310,000 Nov 2025 1,622 SF
7 Spg, Middletown, CT 06457-2238 $275,000 Nov 2024 2,158 SF
159 Main, Middletown, CT 06457 $250,000 Oct 2024 1,026 SF
708 Washington, Middletown, CT 06457-2945 $535,000 Aug 2024 1,316 SF
698 Washington, Middletown, CT 06457-2902 $260,000 Nov 2023 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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