Map
Listed price in listed location currency (USD).
$1,800,000

010

MLS® 24157523

Overview

Key Facts

Type Other
Levels Commercial Lease
Size -
Garage No
Date Available 
Days Active 0
Approx. Age 1860
MLS® Number 24157523

Property Address: 51 S Main Street, Middletown, CT, 06457

Average square foot calculated using Size range provided by listing agent.

Description

*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 could be converted to leasable space or paid tenant storage New vinyl siding was added to 51 South Main Street around 2000
MLS® Number24157523
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1860
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Mar 4, 2026List Date
$1,800,000List Price

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