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Property Description
Investors dream – fully leased with value add potential! 18-unit corner brick building located on Main Street in the heart of Downtown Middletown, steps from gourmet restaurants and boutiques. Originally built in 1850, this 11,232 SQ FT building consists of 17 residential units and one ground level retail space. The retail space is leased to a mobile carrier/retailer through 2028 with annual rent escalation, allowing the new owner to focus on executing on the business plan for the 17 residential units. The building features four rare 2 beds, 2 bath units, seven 1-bedroom units, and six studio apartments. The building is currently fully leased, giving the new Owner an opportunity to capture the incredible rent upside over time while collecting rent income. The building has all separate gas boilers, huge unfinished basement and shared electricity. The units feature great layouts with nice natural light, high ceilings and large bedrooms with good closet space. The current owner has recently replaced some of the units windows, appliances and carpeting. Easy access to route 9 and a short drive/walk to Wesleyan University. This corner brick building is located near the beautiful, historic town center with over 7 walkable blocks of different restaurants and shops, featuring dozens of choices of dining, art, music, entertainment and unique finds. Neighborhood attractions include: Perkatory Coffee Roasters; Eli Cannons Tap Room; The Whey Station; Luce. Become part of this exciting tow
Features
Heating System:
Hot Water
Cooling System:
No
Foundation Type:
Stone, Brick
Heat Fuel Type:
Natural Gas
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Downtown
Lot Description:
Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Main
Street Number:
668
Floor Number:
0
Longitude:
W73° 20′ 52.7”
Latitude:
N41° 33′ 54.6”
MLS Addon
Office Name:
Seabury Hill REALTORS
Agent Name:
John Hill
List Agent MLSID:
HILLJOHN
List Office MLSID:
SEAB30
Tax Year:
July 2025-June 2026
Directions:
668 Main Street corner of Main Street & Rappallo Avenue
HOA Fee Amount:
$0
Parcel Number:
1003609
Property Tax:
$26,517
Zoning:
B-1

Commercial For Sale

668 Main, Middletown, 06457

0 Bedrooms
21 Bathrooms
11,232 Sqft
$2,249,500
Listing ID #24165225
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24165225
Price :
$2,249,500
Bedrooms :
0
Baths Total :
21
Bathrooms :
21
Half Bathrooms :
0
Square Footage :
11,232 Sqft
Year Built :
1850
Lot Area :
0.09 Acre
City:
Middletown
Zipcode:
06457
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 18 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…