NOMADEReal Estate

$4,500,000

Active

423 Main Street

Middletown, Connecticut, 06457 · Middlesex County

0

Beds

4

Baths

39,000

Sq Ft

1944

Built

MLS # 24182009

Price / Sq Ft

$115

Property Type

Commercial For Sale

Lot Size

0.18

Class

Property

About This Property

Rare opportunity to acquire a prominent mixed-use commercial asset in the heart of downtown Middletown, one of Connecticut's most dynamic and rapidly growing commercial districts. Situated along the highly desirable Main Street corridor, this approximately 39,000-square-foot building offers exceptional visibility, strong foot traffic, and a strategic location surrounded by restaurants, retail destinations, entertainment venues, professional offices, and ongoing redevelopment projects. The property has benefited from significant capital improvements and renovations, creating an attractive blend of historic character and modern functionality. Its diverse tenant mix and flexible layout provide a wide range of opportunities for investors and owner-users alike. Downtown Middletown continues to attract substantial public and private investment, fueling economic growth and increasing demand throughout the area. Surrounded by a vibrant mix of businesses, restaurants, cultural attractions, and major employers, this property is ideally positioned to benefit from the continued revitalization of the downtown corridor. With convenient access to Route 9, Interstate 91, and the greater Hartford and New Haven markets, 423-425 Main Street offers a rare combination of scale, visibility, and location in one of Connecticut's most sought-after commercial districts.

Property Details

423 Main Street, Middletown Connecticut 06457 — Commercial For Sale listed at $4,500,000.

At a Glance

0

Bedrooms

4

Bathrooms

39,000

Sq Ft

0.18

Lot Size

--

Garage

1944

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodMiddlesex
Address423 Main Street
MLS Number24182009
Year Built1944
Square Footage39,000
Lot Size0.18
Bedrooms0
Bathrooms4
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value1110970
Mil Rate Total38.9
Property Tax43217
Tax YearJuly 2025-June 2026

Property Features

Cooling SystemCentral Air
Foundation TypeBrick,Concrete
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Interior FeaturesElevator,Fire Suppression System,Freight Elevator
Roof InformationMembrane,Rubber

Location & Community

DirectionsWashington to main st.
LocationDowntown
NeighborhoodN/A

All Photos (37)

MARKET CONTEXTMiddletown
Town Median+1285% vs list
$325,000
Middletown, CT
Mill Rate
35.80
Middlesex County
NYC Commute
140 min
Metro-North express
Schools
B
2 graded
LOADING COMP CLOUD…

This listing is +1285% vs the Middletown median. Verify against same-school-district comps before competing offers.

Contact Maggie Damato

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Affordability Calculator

$4,500,000

Down Payment$900,000
Loan Amount$3,600,000
Principal & Interest$22,754/mo
Property Tax$4,500/mo
Insurance$100/mo
Est. Monthly$27,354/mo

Listing Agent

M

Maggie Damato

Better Homes and Gardens Real Estate Executive Real Estate

Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24182009
Last Updated2026-06-10