Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    181 Hanover St Meriden, CT 06451

    Sponsored
    For Sale
    $234,900

    Prime corner lot, fully equipped shop, high visibility.

    Property size:
    1,431 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This 1,431 sq ft commercial property at 181 Hanover Street, Meriden, CT, sits on a 0.16-acre corner lot in a high-traffic area, offering exceptional visibility and accessibility. Ideal for an automotive business or investor, the property includes three bays for optimal workspace and vehicle access. The garage boasts a drive-on lift with rolling lift jacks (1998, serviced 2023), an 11,000-pound 2-post lift (2022, serviced 2023), and an industrial air compressor. Included equipment also features a wheel balancer (computer functional, requires cone attachments) and an alignment machine (requiring a new computer). A fully equipped US General toolbox and a storage container are also part of the sale. This turnkey operation presents a rare opportunity to acquire a well-equipped mechanic's garage in a desirable, high-traffic location. The property is priced at $234,900. This is a fantastic opportunity for a mechanic looking to establish or expand their business. The high visibility and convenient location ensure strong customer access. Don't miss this chance to own a thriving automotive business.

    Property Features for 181 Hanover St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,431 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1943
    Property Profile Location Intelligence

    Current Use by Public Records

    ObsElite Performance LLC Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.80855
    Latitude
    41.53586

    Nearby Similar for Sale

    • $394,900
      Pending

      Modern Meriden Multi-Family Property

      Manageable multi-family property perfect for investors or owner-occupiers.
      28 Orient St, Meriden, CT 06450
      View Details
    • New
      $1,100,000
      1,238 SF

      Four-Unit Multifamily Property in Meriden

      Four rented units, one free-standing, in Meriden, Connecticut.
      111 Sunset Ave, Meriden, CT 06450
      View Details
    • New
      $405,900
      Pending

      Spacious Two-Family Home

      Two-family home with expansion and income potential near I-91.
      81 Myrtle St, Meriden, CT 06450
      View Details
    • New
      $197,600
      1,984 SF

      Versatile Two-Family Home in Meriden

      Two-family home with historic charm and investment potential in Meriden.
      86 Linsley Ave, Meriden, CT 06451
      View Details
    • $540,000
      5,410 SF

      Mixed-Use Building Near Train Station

      Versatile mixed-use property with industrial, retail, office, and residential spaces.
      109 Hanover St, Meriden, CT 06451
      View Details
    • $514,900
      2,174 SF

      East Side Duplex with Garage

      Duplex with three-bedroom units and a detached two-car garage.
      43 North Pearl St, Meriden, CT 06450
      View Details
    • $299,900
      Pending

      Licensed Rooming House Investment Opportunity

      Legally licensed 7-room rooming house with income potential in Meriden.
      145 Camp St, Meriden, CT 06450
      View Details
    • $380,000
      3,561 SF

      Three-Unit Property in Meriden, CT

      Three-unit residential property in Meriden, Connecticut, ideal for investment.
      201 Colony St, Meriden, CT 06451
      View Details
    • $699,000
      2,160 SF

      Meriden Liquor Store with Real Estate

      Liquor store business and real estate for sale on busy road.
      854 Hanover Rd, Meriden, CT 06451
      View Details
    • $575,000
      3,247 SF

      Meriden Multifamily Investment Opportunity

      Five-unit residential building in Meriden, part of larger portfolio.
      51 Griswold St, Meriden, CT 06450
      View Details
    • $475,000
      2,990 SF

      Renovated 3-Family Investment Property

      Extensively renovated 3-family property with 8 bedrooms, a cash cow.
      56 North 1St St, Meriden, CT 06451
      View Details
    • $475,000
      2,102 SF

      Meriden Multi-Family Investment Opportunity

      Two-unit property in Meriden, Connecticut, with renovation potential.
      151 View St, Meriden, CT 06450
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime corner lot, fully equipped shop, high visibility.
    Where is this commercial real estate located?
    The property is located at 181 Hanover St Meriden, CT.
    What is the asking price?
    The asking price for this property is $234,900.
    (860) 249-1396
    Request Owner's contact information
    181 Hanover St Meriden, CT 06451
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    181 Hanover St
    Meriden, CT 06451
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    181 Hanover St Meriden, CT 06451
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.