For Sale Details

$380,000
$126.67 / SF
  • Property Type Mixed-Use / Retail / Residential
  • Sale Type Investment
  • Status Closed
  • Created 06/23/22
  • Updated 12/23/22
  • Closed On 12/05/22
  • Closing Price $372,500

About 574 Main Street, Middletown, CT 06457

O,R&L Commercial is pleased to present a fully leased 3,000 SF Mixed Use Building For Sale at 574-576 Main Street in Middletown, CT.  This 3 story building has 1,000 SF street-level retail and two 1,000 SF apartments.  Situated on 0.02 acres in the B-1 Zone with parking on-street & rear, excellent visibility, and a traffic count of 14,200 ADT.

Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 3,000
  • Year Built: 1900
  • Number of Units: 3
  • Number of Stories: 3
  • Number of Buildings: 1

Land Details

  • Acreage: 0.02
  • Gas: Yes
  • Sewage System: Public Sewer
  • Water System: Public Water

Financial Characteristics

  • Cap Rate: 8.8%
  • Occupancy Percent: 100%

Documents for 574 Main Street, Middletown, CT 06457

574 Main St Middletown Flyer.pdf

The Mixed-Use / Retail / Residential property at 574 Main Street, Middletown, CT 06457 is currently available for sale. Contact Thomas Wilks from O,R&L Commercial, LLC for more information.