280 Main Street

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280 Main Street

Middletown, CT 06457
Asking Price
$220K
Asset Type
Bar Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail bar property located in Middletown Connecticut
  • Asset offered for sale at 220000 dollars
  • Prime address situated at 280 Main Street
  • Functional space suitable for hospitality or retail
  • Property occupies a visible position on Main Street

What's Special

Priced at 220000 dollars, this retail property located at 280 Main Street in Middletown, Connecticut, operates as an established bar. The asset sits within a prominent corridor of the city, benefiting from the steady foot traffic and local economic activity characteristic of the Middletown submarket. Its positioning on Main Street provides accessibility within a region that balances historic charm with a consistent commercial base. Prospective investors and business operators will find this asset suitable for continued service as a hospitality venue or a re-envisioned retail space. The site serves the local community and surrounding residents in Middlesex County, which maintains a stable business environment. Given its specific sub-type, the property offers a functional footprint for entities looking to expand their footprint in a well-trafficked municipal center. Its location allows for visibility among a diverse demographic of patrons and commuters passing through the downtown area.

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NOI
$80,000
Cap Rate
36.36%
DSCR
6.12
Strong
Cash-on-Cash
101.42%
Monthly Payment
$1,088.44
Annual Cash Flow
$66,938.72

Location & Travel Times