20 Main Street, Middletown, DE 19709
Local realty services provided by:ERA Martin Associates
20 Main Street,Middletown, DE 19709
$1,050,000
- 6 Beds
- - Baths
- 6,384 sq. ft.
- Multi-family
- Active
Listed by:paul m pantano
Office:pantano real estate inc
MLS#:DENC2087750
Source:BRIGHTMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$164.47
About this home
PRICE IMPROVEMENT! Exceptional Mixed-Use Investment Opportunity in the Heart of Middletown! 22 W Main Street—a fully-leased, free-standing mixed-use building offering a rare opportunity in one of Middletown’s most active commercial corridors. This well-maintained property is ideally positioned on a vibrant stretch of West Main Street, surrounded by thriving businesses and within walking distance to shops, dining, and community amenities.
The first floor features two established retail/office tenants, while the second and third floors are configured as three spacious 2-bedroom one bath apartments and fully leased producing income. All units are separately metered for electric and the entire building is fully sprinklered.
To the rear of the property, private off-street parking accommodates approximately 10+- vehicles and connects directly to the adjacent Middletown municipal parking lot—ensuring convenience for both residential and commercial tenants.
This turnkey asset offers immediate income and long-term upside, with potential to enhance residential revenue. A rare combination of stability, condition, and location make this an outstanding addition to any investment portfolio.
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Home facts
- Year built:1918
- Listing ID #:DENC2087750
- Added:46 day(s) ago
- Updated:October 03, 2025 at 01:27 PM
Rooms and interior
- Bedrooms:6
- Living area:6,384 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump - Electric BackUp, Oil, Radiant
Structure and exterior
- Roof:Flat
- Year built:1918
- Building area:6,384 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$164.47
- Tax amount:$4,938 (2025)
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