Patterson-Schwartz Real Estate20 Main Street, Middletown, DE 19709 $1,100,000
Interior Sq. Ft: 6,384
Acreage: 0.1
Age:107 years
Taxes: $4,938
Design/Type:
Detached
Description
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.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Heat Pump - Electric BackUp, Radiant Heating, Electric, Oil, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Circuit Breakers
Garage/Parking
Off Street, Paved Parking
Interior
Kitchen - Eat-In, Unfinished Basement, Accessibility - Other Bath Mod, Vinyl Clad Windows, Double Hung Windows
Exterior
Stone Foundation, Flat Roof, Frame Exterior
Lot
Level Lot, Downtown, Street View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (13 schools)
Public Middle (6 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Meredith (Everett) Middle School | Appoquinimink School District | 6–8 | Middletown | 0.43 mi |
| Redding (Louis L.) Middle School | Appoquinimink School District | 6–8 | Middletown | 0.45 mi |
| MOT Charter School | MOT Charter School | K–12 | Middletown | 2.21 mi |
| Cantwells Bridge Middle School | Appoquinimink School District | 6–8 | Townsend | 3.69 mi |
| Odessa High School | Appoquinimink School District | 9–11 | Townsend | 3.82 mi |
| Waters (Alfred G.) Middle School | Appoquinimink School District | 6–8 | Middletown | 4.03 mi |
Public High (4 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Middletown High School | Appoquinimink School District | 9–12 | Middletown | 1.33 mi |
| Appoquinimink High School | Appoquinimink School District | 9–12 | Middletown | 1.64 mi |
| MOT Charter School | MOT Charter School | K–12 | Middletown | 2.21 mi |
| Odessa High School | Appoquinimink School District | 9–11 | Townsend | 3.82 mi |
Private (3 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| St Annes Episcopal School | Episcopal | Preschool–8 | Middletown | 1.15 mi |
| Gem School Inc (The) | Nonsectarian | Preschool–K | Middletown | 1.66 mi |
| St Andrew's School | Episcopal | 9–12 | Middletown | 1.91 mi |
© 2025 LiveBy. All Rights Reserved.
This report is a detailed community overview for Middletown (19709), Delaware.
Community Quick Facts
- Average travel time to work for people in this community: 35
- Average salary of people in this community: $66,050
Community Summary
- Population Density (ppl / mile): 496
- Household Size (ppl): 2.90
- Households w/ Children: 76%
Housing Inventory
- Owned: 12,709 (82.1%)
- Rented: 1,841 (11.9%)
- Vacant: 930 (6.0%)
- Total: 15,480
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.1%
- Some High School: 2.9%
- High School Graduate: 26.7%
- Some College: 19.5%
- Associate Degree: 10.1%
- Bachelor's Degree: 22.1%
- Graduate Degree: 16.8%
Income by dollar range
Median Income: $102,868
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- One Bedroom: $1,078
- Two Bedroom: $1,183
- Three Bedroom: $1,502
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6018
Listing Courtesy of: Pantano Real Estate Inc , (302) 888-0300, paul@pantanorealestate.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 8/18/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
