$825,000

163-165 Main Street, Deep River, CT 06417

  • 6 beds |
  • 3 baths |
  • 4,184 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1850
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $197/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Rare mixed-use investment opportunity located in the heart of desirable Deep River Village. Positioned directly on Main Street, this 5-unit asset offers a strong blend of residential and commercial income within one of the Connecticut shoreline region's most sought-after rental and retail markets. The property consists of 3 residential apartments and 2 commercial storefronts occupied by long-term local tenants, providing stable in-place cash flow with additional upside through lease-up and rent optimization. Deep River continues to experience strong demand driven by its walkable downtown, restaurant scene, boutique retail presence, and proximity to the Connecticut River and shoreline communities. The residential units offer continued rental growth potential in a market with historically limited housing inventory, while the commercial spaces benefit from Main Street visibility and an established small-business environment. The property presents a compelling opportunity for investors seeking a stabilized mixed-use asset with value-add characteristics in a highly desirable shoreline-adjacent location. Projected stabilized income supports significant upside from current operations through continued lease-up strategy and operational optimization. Additionally, recent zoning updates may allow for the addition of residential unit(s) on the 3rd floor, creating a unique future expansion opportunity.

Listing Status:
Active
Date Added:
May 28, 2026
Data Last Updated:
June 26, 2026 at 4:51PM
Listing Office:
VC Property Group, LLC : (860) 300-3102
Listing Agent:
Connor Wenchell : (860) 343-7800
MLS ID:
24178835
  • Laundry: None
  • Basement: FullInterior AccessFull With Hatchway
  • A/C: Window Unit
  • Heating: Hot AirOilPropane
  • Fireplace: Fireplaces: 0
  • Style: Units on different FloorsOther
  • Parking: Parking spaces: 0
  • Roofing: Asphalt Shingle
  • County: Middlesex
  • Zoning: VCD962381
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Connor Wenchell , VC Property Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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