Property
Middletown, DE 19709 20 Main Street
$1,100,000



13 more














Presented By: Pantano Real Estate Inc
Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
Home Details
Exceptional Mixed-Use Investment Opportunity in the Heart of Middletown! 22 W Main Streeta fully-leased, free-standing mixed-use building offering a rare opportunity in one of Middletowns 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 lotensuring 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.
Presented By: Pantano Real Estate Inc
Interior Features for 20 Main Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric, Oil
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesKitchen - Eat-In
Number of Elevators
Total Stories3
Window FeaturesVinyl Clad, Double Hung
General for 20 Main Street
Acceptable FinancingConventional
AccessibilityOther Bath Mod
Architectural StyleColonial
CityMIDDLETOWN
Construction MaterialsFrame
Cool FuelElectric
CoolingCentral A/C
CountyNEW CASTLE
Directionsfrom Route 1 South, take Exit 136 for DE-299 toward Middletown and Odessa. At the end of the ramp, turn right onto DE-299 West (Middletown Odessa Road) and continue for approximately four miles. As you
ElectricCircuit Breakers
ExclusionsTenant owned appliances and tenants personal property
Garage Y/NNo
HeatingHeat Pump - Electric BackUp, Radiant
Lease TypeGross
Legal SubdivisionMIDDLETOWN
Location TypeDowntown
Lot Size Square Feet4356.00
Lot Size UnitsSquare Feet
MLS AreaSouth Of The Canal (30907)
ModificationTimestamp2025-08-17T13:58:44
New ConstructionNo
Number Of Units Total4
Number of Units Leased5
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG172.31
Property ConditionGood
Property SubtypeOther
Property TypeMulti-Family
RoofFlat
School DistrictAPPOQUINIMINK
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount4938.54
Tax Assessed Value644700.0
Tax Year2025
Total Actual Rent99600.00
Total SQFT6384
TransportationBus Stop less than 1 mile
Two Bedroom3
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Year Built1918
Year Built SourceEstimated
ZoningC2
Exterior for 20 Main Street
Foundation DetailsStone
InclusionsOwner owned appliances
Land Assessed Value154800.00
Lot Dimensions45 x 140
Lot FeaturesLevel
Lot Size Acres0.10
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Off Street - # of Spaces10
Parking FeaturesPaved Parking
PoolNo Pool
Road ResponsibilityBoro/Township
Total Parking Spaces10
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History

Jhony Leyva
Realtor
Similar Properties to 20 Main Street
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