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$1,300,000 Just Listed
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Property Description
Welcome to 480 Main Street, Middletown - a rare investment opportunity in the heart of Downtown Middletown! This stunning brick mixed-use building blends timeless character with strong income-producing potential. Featuring 8 spacious residential units, each offering 900+ square feet, soaring ceilings, beautiful hardwood flooring, functional built-ins, and oversized layouts that tenants love. Seven of the Eight residential units have been updated, and many feature newer hot water heaters, helping minimize future capital expenses. The property is anchored by two commercial storefronts, including a 3,100 SF space and a 1,100 SF (long-term tenant). Commercial tenants contribute approximately 40% of CAM expenses, creating additional value for ownership. Featuring classic brick construction, a well-maintained roof, and a prime downtown location, 480 Main Street offers a rare blend of character, stability, and investment potential. Located just steps from restaurants, shopping, and entertainment, this is an excellent opportunity to own a standout mixed-use asset in the heart of Middletown
Full Property Details
Full Property Details for 480 Main St
General
- Price: $1,300,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24184246
- Updated: 6/15/2026
- Added to Site: 5 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Parking
- Covered Parking: Yes
- Covered Spaces: 1
- Uncovered Spaces: 1
- Total Spaces: 2
- Parking: On Street Parking
Location
- County: Middlesex
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: Ceiling Fans, Window Unit
- Heating Type: Steam, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric
Structural Information
- Roof: Flat
- # Loading Docks: 1
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 13,837
- Sq. Ft. Source: Public Records
- Year Built: 1917
Unit Information
- # Tenants: 10
Unit 1
- Unit Description: Retail
- Square Feet: 1100
- Total Bathrooms: 1
Unit 2
- Unit Description: Retail
- Square Feet: 3100
- Total Bathrooms: 1
Unit 3
- Unit Description: 1 Bedroom
- Square Feet: 900
- Total Bathrooms: 1
Unit 4
- Unit Description: 1 Bedroom
- Square Feet: 900
- Total Bathrooms: 1
Unit 5
- Unit Description: 1 Bedroom
- Square Feet: 900
- Total Bathrooms: 1
Unit 6
- Unit Description: 1 Bedroom
- Square Feet: 900
- Total Bathrooms: 1
Unit 7
- Unit Description: 1 Bedroom
- Square Feet: 900
- Full Bathrooms: 1
Unit 8
- Unit Description: 1 Bedroom
- Square Feet: 900
- Total Bathrooms: 1
- Full Bathrooms: 1
Unit 9
- Unit Description: 1 Bedroom
- Square Feet: 900
- Total Bathrooms: 1
- Full Bathrooms: 1
Unit 10
- Unit Description: 1 Bedroom
- Square Feet: 900
Lot Features
- Frontage: Municipal Street
- Zoning: B-1
- Lot Description: Level Lot
Water Features
- Docks: 1
Financial Considerations
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Brochure, Lead Disclosure
- Property ID: 1007661
Listed by Century 21 AllPoints Realty, Lisa Cozzi Team, Lindy Hoyt
Get Pre-Approved Today
Schools
Schools serving 480 Main St
School District:Middletown School District
| Name | Grades | Distance |
|---|---|---|
Farm Hill School 390 Ridge Road, Middletown, CT 06457 | K-5 | 1.8 mi |
Keigwin Middle School 99 Spruce Street, Middletown, CT 06457 | 6- | 1.9 mi |
Beman Middle School 370 Hunting Hill Avenue, Middletown, CT 06457 | 6-8 | 1.6 mi |
Middletown High School, Middletown, CT 200 La Rosa Lane, Middletown, CT 06457 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 480 Main St
Date
Details
Price
Change
Source
6/15/2026
Listed
$1,300,000
79.31%
MLS
1/29/2019
Sold
$725,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 480 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,591
6%
$477,910
—
2023
$17,587
5%
$477,910
—
2023
$16,775
3%
$477,910
29%
2022
$16,346
—
$371,500
—
2021
$16,346
—
$371,500
—
2020
$16,420
—
$371,500
—
2019
$16,495
2%
$371,500
—
2018
$16,235
16%
$371,500
12%
2017
$14,051
3%
$331,380
—
2016
$13,653
4%
$331,380
—
2015
$13,123
-1%
$331,380
—
2014
$13,255
18%
$331,380
—
2011
$11,201
—
$331,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 480 Main St
480 Main Street, Middletown, CT 06457 (MLS# 24184246) is a Commercial property. 480 Main Street is currently listed for $1,300,000 and was received on June 15, 2026. Want to learn more about 480 Main Street? Do you have questions about finding other Commercial real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

