18-22 W Main St - Office FOR SALE


Middletown, DE 19709
$1,100,000 USD
302-354-0792
18-22 W Main St, Middletown, DE for Sale
$1,100,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

18-22 W Main St
Middletown, DE 19709


HIGHLIGHTS

  • Mixed Use Turn Key Income Producing
  • Retail, Office and Residential
  • Off Street surface parking

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C-2

APN/PARCEL ID

23-008.00-026

ASK ABOUT THIS PROPERTY

Paul PantanoPantano Real EstateMore Info
302-354-0792

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Paul PantanoPantano Real EstateMore Info
302-354-0792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.