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163-165 Main Street, 
Deep River, CT 06417

$795,000


6

Beds


3

Baths


4,184

Sq Ft


Multi-Family

Active

Listed by

Connor Wenchell, (860) 343-7800

Vc Property Group, LLC., (860) 300-3102

(860) 300-3102

Last updated:

August 30, 2026, 11:57 AM

MLS#

24178835

Source:

CT

About This Home

163-165 Main Street

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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1850

Price Summary

795,000

$190 per Sq. Ft.

MLS #:

24178835

Last Updated:

August 30, 2026, 11:57 AM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,184 Sq. Ft.


Structure

Structure

Building Area:

4,184 Sq. Ft.

Year Built:

1850


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$190 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.