Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown
| Listing Id: | 24184246 |
|---|---|
| List Price: | $1,300,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Baths Full: | 10 |
| Living Area Sqft Per Public Record: | 13,837 |
| Property Tax: | $19,499 |
| Direct Waterfront Yn: | No |
| City: | Middletown |
| County: | Middlesex |
| Postal Code: | 06457 |
| Year Built: | 1917 |
| Total Number Of Units: | 10 |
| Agent Owner Yn: | No |
| Assessed Value: | $477,910 |
| Basement Description: | No |
| Baths Total: | 10 |
| Comp Only Manual Yn: | No |
| Cooling System: | Ceiling Fans, Window Unit |
| Current Price: | $1,300,000.00 |
| Directions: | GPS |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Brochure, Lead Disclosure |
| Garage & Parking: | On Street Parking |
| Heat Fuel Type: | Oil |
| Heat Type: | Steam |
| Listing Contract Date: | 2026-06-15 |
| Location: | Downtown |
| Lot Description: | Level Lot |
| Mil Rate Total: | $40.80 |
| Status: | Active |
| Number Of Docks: | 1 |
| Number Of Stories: | 3 |
| Number Of Tenants: | 10 |
| Occupied By: | Tenant |
| Original List Price: | $1,300,000 |
| Parcel Number: | 1007661 |
| Parking Spaces Covered: | 1 |
| Parking Spaces Uncovered: | 1 |
| Parking Total Spaces: | 2 |
| Possession Availability: | Immediate |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 539-2730 |
| Price: | $1,300,000 |
| Remarks Public Addendum: | Property is also listed under residential 5+ Units - MLS # 24182655 |
| Road Frontage Description: | Municipal Street |
| Roof Information: | Flat |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 13,837 |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric |
| Water Source: | Public Water Connected |
| Zoning: | B-1 |
Listing Courtesy of: Century 21 AllPoints Realty
Listing Agent: Lindy Hoyt
(860) 539-2730
Mortgage Calculator
© 2026 Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed. MLS Disclaimer: Information deemed reliable but not guaranteed to be accurate.
Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET
