This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,050,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Exceptional Mixed-Use Investment Opportunity in the Heart of Middletown! 22 W Main Street-a fully-leased, free-standing mixed-use building offering a rare opportunity in one of Middletown's most active commercial corridors. This well-maintained property is ideally positioned on a vibrant stretch of West Main Street, surrounded by thriving businesses and within walking distance to shops, dining, and community amenities. The first floor features two established retail/office tenants, while the second and third floors are configured as three spacious 2-bedroom one bath apartments and fully leased producing income. All units are separately metered for electric and the entire building is fully sprinklered. To the rear of the property, private off-street parking accommodates approximately 10+- vehicles and connects directly to the adjacent Middletown municipal parking lot-ensuring convenience for both residential and commercial tenants. This turnkey asset offers immediate income and long-term upside, with potential to enhance residential revenue. A rare combination of stability, condition, and location make this an outstanding addition to any investment portfolio.
Full Property Details
Full Property Details for 20 Main St
General
- Sold For: $1,050,000
- Taxes: $4,938 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: DENC2087750
- Added to Site: 152 day(s) ago
Rental Information
- Lease Info: Gross
Interior
- Interior Features: Kitchen - Eat-In
Parking
- Total Spaces: 10
- Parking Features: Paved Parking
- Parking Type: Off Street
Location
- Area: South Of The Canal (30907)
- County: NEW CASTLE
- Cross Streets: Broad
- Driving Directions: from Route 1 South, take Exit 136 for DE-299 toward Middletown and Odessa. At the end of the ramp, turn right onto DE-299 West (Middletown Odessa Road) and continue for approximately four miles. As you enter the heart of downtown, DE-299 becomes West Main Street. The property is located on the left side of the street, just past the intersection with South Broad Street and adjacent to the Middletown municipal parking lot.
- Location Details: Downtown
- City Limits: Yes
School Information
- School District: Appoquinimink
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp, Radiant
- Heating Fuel: Electric, Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Roof: Flat
- Windows: Vinyl Clad, Double Hung
- Stories/Levels: 3
- Square Feet: 6,384
- Sq. Ft. Source: Estimated
- Living Area: 6,384 Sq. Ft.
- Finished Above Grnd: 6,384 Sq. Ft.
- Year Built: 1918
- Year Built Source: Estimated
- Property Condition: Good
Lot Features
- Property View: Street
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Estimated
- Lot Dimensions: 45 x 140
- Zoning: C2
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $164.47
- Assessment Year: 2025
- School Tax: $4,387
- City/TownTax: $1,934
- City/TownTax Freq: Annually
- County Tax: $550
- County Tax Freq: Annually
- Tax w/Assessment: $644,700
- Tax Amount: $4,938
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant owned appliances and tenants personal property
- Inclusions: Owner owned appliances
Listed by Pantano Real Estate Inc, Paul M Pantano
Sold by Empower Real Estate, LLC, Sarah McGee
Get Pre-Approved Today
Schools
Schools serving 20 Main St
School District:Appoquinimink School District
| Name | Grades | Distance |
|---|---|---|
Silver Lake Elementary School 200 East Cochran Street, Middletown, DE 19709 | 1-5 | 0.5 mi |
Townsend Early Childhood Center 10 Brook Ramble Lane, Townsend, DE 19734 | K- | 4.1 mi |
Meredith (Everett) Middle School 504 South Broad Street, Middletown, DE 19709 | 6-8 | 0.4 mi |
Appoquinimink High School 1080 Bunker Hill Road, Middletown, DE 19709 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Main St
Date
Details
Price
Change
Source
11/25/2025
Sold
$1,050,000
—
MLS
9/15/2025
Price Reduced
$1,050,000
-4.55%
MLS
8/17/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 Main Street, Middletown, DE 19709 (MLS# DENC2087750) is a Single Family property that was sold at $1,050,000 on November 25, 2025. Want to learn more about 20 Main Street? Do you have questions about finding other Single Family real estate for sale in Middletown? You can browse all Middletown real estate or contact a Coldwell Banker agent to request more information.

