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$1,500,000 Just Listed
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Property Description
Prime Mixed-Use Investment Opportunity - Downtown Middletown, CT. This asset currently produces 12 cap annually, features a total of 16 units, including 4 retail storefronts and 12 on1-bedroom residential apartments. The retail spaces are currently occupied by established neighborhood businesses, including a grocery store, Boost Mobile, a barber shop, and a convenience store-providing steady foot traffic and consistent rental income.The residential component consists of twelve 1-bedroom units, offering strong demand in this vibrant downtown location. The asset include: mostly of windows recently replaced, hardwired smoke detectors throughout, fire sprinkler system installed, tenants cover their own electric utilities. Well-maintained asset with value-add potential. Street parking is readily available, and tenants can get a residential permit for approximately $55/month for access to designated parking lots nearby. The asset is well located in downtown Middletown, the property benefits from high visibility, walkability, and proximity to restaurants, shopping and public transportation.
Full Property Details
Full Property Details for 530 Main St
General
- Price: $1,500,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24161724
- Updated: 4/11/2026
- Added to Site: 4 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Location
- County: Middlesex
- Driving Directions: Per GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric Available, Gas Available, Cable Available
Structural Information
- Roof: Tar/Gravel
- Square Feet: 15,136
- Sq. Ft. Source: Public Records
- Year Built: 1860
Unit Information
Unit 1
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.09
- Frontage: Paved Road
- Zoning: B-1
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $657,050
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 1011864
Listed by Ethos Rlty, LLC, Geni Silva and Ethos Rlty, LLC, Michael Eshetu
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Price & Sales History for 530 Main St
Date
Details
Price
Change
Source
4/08/2026
Listed
$1,500,000
—
MLS
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 530 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,559
6%
$657,050
—
2023
$24,179
5%
$657,050
—
2023
$23,062
-9%
$657,050
14%
2022
$25,350
—
$576,140
—
2021
$25,350
—
$576,140
—
2020
$25,465
298%
$576,140
300%
2019
$6,394
-75%
$144,020
-75%
2018
$25,177
11%
$576,140
8%
2017
$22,672
3%
$534,720
—
2016
$22,030
4%
$534,720
—
2015
$21,175
-1%
$534,720
—
2014
$21,389
-2%
$534,720
-17%
2011
$21,777
—
$644,280
—
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 530 Main St
530 Main Street, Middletown, CT 06457 (MLS# 24161724) is a Commercial property. 530 Main Street is currently listed for $1,500,000 and was received on April 08, 2026. Want to learn more about 530 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.

