For Sale Details
$380,000
$126.67 / SF
$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.pdfThe 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.