Smart MLS #24103641
198 S Main St,
Middletown, CT 06457
☆
For Sale
Commercial$750,000
4088 Sqft · 3 Units · INVEST,OFFICE,RETAIL
*continued office, retail, mixed use or multifamily conversion possible* the charming income-producing home to office conversion with a 3-car garage located at 198 south main st in middletown is now being offered for sale. this great location on route 17 sees 13,800 vehicles pass by each day. the property is over 4,000sf in size and the first floor is fully vacant, allowing for a purchaser to get started immediately while collecting significant rent from the two second floor tenants. the building has been home to a popular local insurance agency for decades and is ready to be reborn as a medical office benefitting from its close proximity to middlesex hospital or a law office, accounting office or even a salon. the broad mixed-use commercial zoning allows for continued commercial use or a conversion to mixed-use or multifamily. the second floor tenants include two doctors that create very little noise or traffic. the current owner was operating his business from the property up until last week so the building has been very well kept. this property would be perfect for a local business that is looking to trade in their lease for ownership in a great area very close to middlesex hospital and middletown's idyllic downtown. nearby businesses include middlesex hospital, neil's donuts, citizens bank, ace hardware and a brand new big y. nearby amenities include the middlesex ymca, the russell library, and many banks and credit unions.
Map
Listing
Market Stats
- List $750,000
- 3 Days on Market
Real Estate Agent
Details
Building
- Built 1815
- 3 Units
Sqft
- 4088 Total Sqft
Lot / Land
- 0.31 Acres
- 900 Neighborhood
- STRD
Utilities
- Steam
- Public Water
- Public Sewers
Parking
- 23 Total Spaces
- 3 Covered Spaces
- 20 Uncovered Spaces
Taxes
- Assessment $270,580
- Mill Rate 36.80
- Taxes $9,957
- Parcel Num 1006589
Mortgage Calculator
- 30yr Fixed-Rate Loan
- 6.84% Interest
- Purchase Price $750,000
- Down Payment $150,000 (20.00%)
Estimated Payment with
30yr Fixed Rate Mortgage
30yr Fixed Rate Mortgage
Monthly
$4,757
$4,757
Monthly Est. $4,757
Yearly Est. $57,088
30yr Est. $1,712,628
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This real estate listing for sale at 198 S Main St is presently used as Office/Rental with 4088 total sqft and was built in 1815. It is located in the Middletown, Connecticut area with the 06457 zip code. For more info about the property at 198 S Main St, Middletown, CT 06457 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-06-12 15:02:11. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-06-12 15:02:11. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.