51-57 South Main Street

Middletown, CT 06457 Directions
$1,800,000
  • 1Baths
  • 8,390Sqft
  • 0.52Acres
  • 1860Built
  • $215Price/Sqft

Property Highlights

  • Days on Market: 30
  • MLS: 24157523

Property Highlights

  • Days on Market: 30
  • MLS: 24157523

*7.4 Cap/NNN Leased* Harding Commercial Real Estate is proud to bring the highly profitable and meticulously maintained medical/office investment properties at 51 & 57 South Main Street in Middletown to market. The properties are being sold as a package and offer substantial immediate cash flow through their investor-friendly triple net lease structures. The properties are located directly across the street from major regional healthcare provider Middlesex Health's main hospital campus offering significant additional upside through appreciation. Financials and interior photos available upon request. Property highlights include: 7.4 in-place cap...

Property Highlights

  • Days on Market: 30
  • MLS: 24157523

*7.4 Cap/NNN Leased* Harding Commercial Real Estate is proud to bring the highly profitable and meticulously maintained medical/office investment properties at 51 & 57 South Main Street in Middletown to market. The properties are being sold as a package and offer substantial immediate cash flow through their investor-friendly triple net lease structures. The properties are located directly across the street from major regional healthcare provider Middlesex Health's main hospital campus offering significant additional upside through appreciation. Financials and interior photos available upon request. Property highlights include: 7.4 in-place cap Triple net lease structure allowing ownership to collect substantial rents with very little cash outlay Newly paved and striped parking area with parking for 30+ vehicles Easy on/easy off highway access to State Route 9 Close proximity to major regional health system main campus HVAC units replaced at 57 South Main Street approximately 5 years ago Partial roof replacement and chimney redone at 51 South Main Street approximately 5 years ago 51 South Main Street has been meticulously maintained with great attention to detail in preserving the late 1800s architecture and period appropriate fits and finishes Elevator at 57 South Main Street underwent major servicing in 2025 including the installation of new hydraulics Owner/user potential with non-renewal of leases 57 South Main Street basement currently owner storage but coul

*7.4 Cap/NNN Leased* Harding Commercial Real Estate is proud to bring the highly profitable and meticulously maintained medical/office investment properties at 51 & 57 South Main Street in Middletown to market. The properties are being sold as a package and offer substantial immediate cash flow through their investor-friendly triple net lease structures. The properties are located directly across the street from major regional healthcare provider Middlesex Health's main hospital campus offering significant additional upside through appreciation. Financials and interior photos available upon request. Property highlights include: 7.4 in-place cap Triple net lease structure allowing ownership to collect substantial rents with very little cash outlay Newly paved and striped parking area with parking for 30+ vehicles Easy on/easy off highway access to State Route 9 Close proximity to major regional health system main campus HVAC units replaced at 57 South Main Street approximately 5 years ago Partial roof replacement and chimney redone at 51 South Main Street approximately 5 years ago 51 South Main Street has been meticulously maintained with great attention to detail in preserving the late 1800s architecture and period appropriate fits and finishes Elevator at 57 South Main Street underwent major servicing in 2025 including the installation of new hydraulics Owner/user potential with non-renewal of leases 57 South Main Street basement currently owner storage but coul

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  • Additional Information
    • Acres: 0.52
    • Area Type: Highway Access, Downtown
    • Is Occupied?: Tenant
    • Living Area SqFt: 8,390
    • Present Use: 2 Props 7.4cap Med/Office Investment
    • Property Tax: $30,797
    • Road Frontage Description: State Road
    • Sewer: Public Sewer Connected
    • Tax Amount: $30,797
    • Unit Count: 2
    • Utilities Available: Electric, Gas, Telephone, Cable
    • Year Built: 1860
    • Zoning: MXC
  • Interior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Full Baths: 1
    • Furnace Type: Gas In Street
    • Heat: Gas In Street
    • Heat Fuel: Gas In Street
    • Living SqFt Source: Public Records
    • Total Baths: 1
  • Exterior Features
    • Roof: Asphalt Shingle

Listing Courtesy of Brendan Kelly of Harding Commercial Real Estate.

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