Fully Permitted Redevelopment Opportunity

Middletown is a historic city in central Connecticut, situated on the western bank of the Connecticut River. It is notably home to the prestigious Wesleyan University (often confused with Wellesley College in Massachusetts), whose campus is integral to the city's vibrant culture. The city is highly accessible via major highways; Route 9 runs directly through it, providing a link to I-91 just across the river, while Route 66 serves as a main east-west artery, crossing the river via the landmark Arrigoni Bridge. This strategic location, combined with a bustling Main Street full of diverse restaurants and shops, makes Middletown a key hub between the larger cities of Hartford and New Haven.Northeast Private Client Group is pleased to present the approved redevelopment opportunity at 339 Main Street, Middletown, CT, involving the rehabilitation of a 50,000 SF mixed-use building located in the heart of Downtown Middletown. The town has issued a building permit to begin construction and full construction plans will be delivered with the property. A new owner can potentially begin construction immediately upon taking ownership. The proposed re-development will preserve the existing 3,750 SF restaurant, introduce 1,600 SF of new retail space, and deliver a total of 42 residential units, thoughtfully designed to include 12 studios, 28 one-bedroom units, and 2 two-bedroom units. The plan also integrates associated residential amenity spaces to enhance tenant experience. This project presents a compelling opportunity to invest in a centrally located property on the best block in downtown Middletown with a balanced mix of residential and commercial uses, highlighted by full municipal approval.