Contacts
Harding Development Group
Property Details
- Property Type Office - Medical Office
- Property Size 8,390 SF
- Cap Rate % 7.4
- Parking Spaces Avail. 30
- Parking Ratio 3.58 / 1,000 SF
- Date Updated Apr 9, 2026
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 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 1800sf 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
Reach out to the broker for more info on lease terms and amenities
Getting around
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79/100
Walk Score ®
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41/100
Bike Score ®
Location
- City Middletown, CT
- Zip Code 06457
- Market Bridgeport New Haven
Points of Interest
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Berlin
8.13 miles
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Gasman
0.20 miles
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Citgo
0.35 miles
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Gulf
0.52 miles
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Mobil
0.69 miles
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Shell
0.72 miles
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Irving
0.77 miles
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Sunoco
0.89 miles
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ChargePoint
7.75 miles
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Parking Lot W
0.06 miles
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Parking Lot B
0.11 miles
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Parking Lot Z
0.19 miles
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Parking Lot Y
0.20 miles
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A Lot Parking
0.22 miles
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Parking Lot H
0.28 miles
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Emergency Room Ambulance Entrance
0.29 miles
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Middlesex Corporate Center Parking Garage
0.33 miles
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Parking Lot J
0.33 miles
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Parking Lot G
0.34 miles
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The Inn at Middletown
0.32 miles
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Wesley Inn & Suites
1.75 miles
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Passport Inn & Suites
2.28 miles
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Bestway Inn - Middletown/Middlefield
2.42 miles
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Solano Inn & Suites
3.46 miles
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SpringHill Suites Hartford Cromwell
3.88 miles
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Quality Inn
4.18 miles
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Super 8
4.41 miles
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Courtyard Hartford Cromwell
4.59 miles
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Days Inn
6.01 miles
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It's Only Natural
0.64 miles
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Marshalls
0.96 miles
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Stop & Shop
1.00 miles
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ALDI
1.16 miles
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Big Y
1.47 miles
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Market 32 by Price Chopper
1.49 miles
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Big Lots
1.52 miles
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Adams Hometown Markets
1.63 miles
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Indian Grocery Store
2.21 miles
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ShopRite
3.72 miles
Harding Development Group