7.4 CAP MEDICAL/OFFICE Office FOR SALE


Middletown, CT - Downtown Middletown
$1,800,000 USD
860-344-5551
, Middletown, CT for Sale
$1,800,000 USD
Office - FOR SALE
1/8
null | 7.4% Cap Rate

7.4 CAP MEDICAL/OFFICE
Middletown, CT
Downtown Middletown


HIGHLIGHTS

  • 7.4 in-place cap rate
  • 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
  • Right across the street from major regional health system main campus
  • HVAC units replaced at 57 South Main Street approximately 5 years ago
  • Easy on/easy off highway access to State Route 9

OVERVIEW

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. Please email, text or call Brendan Kelly with any questions. Email: brendan@hardingdevelopment.com Cell: (860) 463-3326. Property highlights include: 7.4 in-place cap rate 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 Italian 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

ASK ABOUT THIS PROPERTY

Brendan KellyHarding Commercial Real EstateMore Info
860-344-5551

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Brendan KellyHarding Commercial Real EstateMore Info
860-344-5551

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