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163-165 Main Street

Deep River, CT 06417
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Bed 6

Bed

Bath 3

Bath

SqFt4,184

Sqft

Acres0.07

Acre(Lot)

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 li mited 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $825,000

AD Id : 79472024

MLS Id : 24178835

Beds : 6

Lot Size : 0.07 Acre

Living Area Size : 4,184

Year Built : 1850

County : Middlesex

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 12 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Propane, Forced Air Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1850 Building Area Total: 4184 Construction Materials: Aluminum Siding, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.07 Lot Description: Corner Lot, Level

  • Listing Price Information

    Listing Price: $825000

  • Tax Information

    Parcel Number: 962381 Annual Tax: $10593

  • School Information

    Elementary School: Deep River
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13 Platt Lane, Deep River, CT, 06417 $499,000 4 2 2,033 2,033 SqFt
87 Main Street, Deep River, CT, 06417 $1,350,000 7 6 3,787 3,787 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/19/2026 @ 03:22

MLS: 24178835 LISTED BY: Connor Wenchell, VC Property Group, LLC SOURCE: SmartMLS

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