Listing courtesy of Brendan Kelly (860) 463-3326, Harding Commercial Real Estate (860) 344-5551
51-57 South Main Street, Middletown, CT, 06457
0 beds
1 Full baths
1860
8,390 sqft
The perfectly situated and meticulously maintained medical/office campus at 51 & 57 South Main Street in Middletown is now being offered for sale. The properties will have 6,618sf available for occupancy at the time of sale leaving ample room for a new owner and their medical practice or an investor bringing a new tenant/tenants with them. The properties are located directly across the street from Middlesex Hospital offering healthcare providers the convenience of just a quick walk to and from their procedures. The shared 30+ car parking area was freshly paved and striped less than a year ago and there is no deferred maintenance to speak of. The lone tenant at the properties is on a triple net lease relieving ownership of a portion of the maintenance, property tax and insurance burden. Financials and interior photos are available upon request. -Location: The properties are located directly across from Middlesex Hospital's main campus -Well Maintained: The current owner operated his ENT practice here for decades and has taken meticulous care and great pride in the upkeep of the properties -Income: The lone medical tenant pays good rent on a landlord-friendly triple net lease -Convenience: The campus is located just off of CT Route 9 which connects to I-91, I-95 and I-84 -Value-Add: 1,772sf basement at 57 South Main can be converted to paid tenant storage or possibly addit The perfectly situated and meticulously maintained medical/office campus at 51 & 57 South Main Street in Middletown is now being offered for sale. The properties will have 6,618sf available for occupancy at the time of sale leaving ample room for a new owner and their medical practice or an investor bringing a new tenant/tenants with them. The properties are located directly across the street from Middlesex Hospital offering healthcare providers the convenience of just a quick walk to and from their procedures. The shared 30+ car parking area was freshly paved and striped less than a year ago and there is no deferred maintenance to speak of. The lone tenant at the properties is on a triple net lease relieving ownership of a portion of the maintenance, property tax and insurance burden. Financials and interior photos are available upon request. -Location: The properties are located directly across from Middlesex Hospital's main campus -Well Maintained: The current owner operated his ENT practice here for decades and has taken meticulous care and great pride in the upkeep of the properties -Income: The lone medical tenant pays good rent on a landlord-friendly triple net lease -Convenience: The campus is located just off of CT Route 9 which connects to I-91, I-95 and I-84 Value-Add: 1,772sf basement at 57 South Main can be converted to paid tenant storage or possibly additional leasable space. -CapEx 1: 30+ car shared parking area was paved and striped in 2025 -CapEx 2: Entirely new hydraulics installed in the 57 South Main elevator in 2025 -CapEx 3: Chimney redone and partial roof replacement at 51 South Main 5 years ago -CapEx 4: HVAC units at 57 South Main replaced 5 years ago
Status:
Active
Type:
Commercial
Units:
2
Zoning:
MXC
Frontage:
State Road
Heating:
Hot Air
Cooling:
Central Air
Acreage:
0.52
Est. Taxes:
$30,797
Assessment
$791,690
Current Use
Owner/User Medical/Office Opportunity
Permitted Use
Owner/User Medical/Office Opportunity
Utilities
Electric,Gas,Telephone,Cable
Lot Description:
Dry
Days on Market:
85
MLS #:
24157523
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School Info
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