$899,000

163 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 $215/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

The walkability and quintessential New England charm of downtown Deep River is a big draw for buyers seeking a trophy property or a dream location for their small business. Built in 1850, this mixed-use gem has much to offer including two commercial tenants (Hally Jo's Corner Restaurant and the Anchor and Compass clothing store), three residential units on the second floor, and 1,200 square feet of semi-finished attic space. EXCITING NEWS, we met with the town's building inspector and fire marshal for an on-site assessment, and they have expressed interest in seeing the 3rd Floor "Penthouse" get developed into additional living space. An amendment to mixed-use zoning code took effect on April 17, 2025 making the build out a possibility. What's so great about this, is that we can now broker bridge financing terms to pursue the build out up to 80% LTC for well qualified borrowers. This will cut the required down payment in HALF with proforma income supporting an ARV upwards of $1.5 MILLION. Prospective buyers are responsible for independently verifying all information during their due diligence period.

Listing Status:
Active
Date Added:
October 22, 2025 at 07:09PM
Listing Office:
VC Property Group, LLC : (860) 300-3102
Listing Agent:
Connor Wenchell : (860) 343-7800
MLS ID:
24135337
  • 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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Location

Schools Nearby

J

John Winthrop Middle School

1 Winthrop Rd, Deep River, CT, 06417

Grades 7-8

1.83 miles away

V

Valley Regional High School

256 Kelsey Hill Rd, Deep River, CT, 06417

Grades 9-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.