340 E Main St - Freestanding FOR SALE


Middletown, CT 06457- Downtown Middletown
$900,000 USD
860-883-6013
340 E Main St, Middletown, CT for Sale
$900,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

NEW


340 E Main St
Middletown, CT 06457
Downtown Middletown


HIGHLIGHTS

  • New Roof
  • Additional parking can be made available
  • Adjacent to Stop & Shop, Dollar Tree, and Marshalls
  • Located at signalized intersection

OVERVIEW

340 E Main Street, Middletown, CT is a 7,320± SF retail plaza offered for sale at $900,000, presenting an excellent opportunity for an investor or owner-user. The single-story masonry building is situated on 0.53± acres along a highly visible stretch of East Main Street at a signalized intersection, benefiting from strong traffic counts of approximately 4,200 vehicles per day. The property is currently occupied by Fortune Garden Chinese Restaurant and MTM Church, with approximately 4,000± SF available for lease, providing immediate upside through lease-up or future owner occupancy. Recent capital improvements include a new roof, and the building features on-building signage, central HVAC, and 20± surface parking spaces, with the potential for additional parking. Zoned MXI, the site supports a variety of retail and service-oriented uses. The property is strategically positioned adjacent to major national retailers including Stop & Shop, Dollar Tree, and Marshalls, enhancing visibility, foot traffic, and long-term value. Convenient access is provided via Route 9 to Route 17 (Exit 21), making the location easily accessible from surrounding neighborhoods and regional corridors. This offering combines stable in-place income with future leasing flexibility in a well-established retail corridor, making it a compelling addition to any commercial portfolio.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

MXI

APN/PARCEL ID

MTWN-000035-000000-000186

ASK ABOUT THIS PROPERTY

Luke MassirioO,R&L CommercialMore Info
860-883-6013

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Luke MassirioO,R&L CommercialMore Info
860-883-6013

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