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Mixed-Use Building Near Train Station
For Sale
$540,000
Pending

109 Hanover Street, Meriden, CT 06451

Versatile mixed-use property with industrial, office, retail, and residential spaces.

Property Size5,410 SF
Lot Size0.14 Acres
Days on Market411

Property Features for 109 Hanover Street

General Information

Standard status Pending
Size 5,410 SF
Lot size 0.14 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,462

Amenities

Central air
Asphalt Shingle Roof
Baseboard Heating
Driveway
Hot Air Heating
Paved
Window Unit Cooling

Building Details

Year Built 1900
Listing Agency: William Pitt Sotheby's Int'l
Listed By: DIANE DEVRIES
Source: Corcoran
Added: Jun 30, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l

Investment Insights

Based on property information with market context.

This mixed-use building offers a blend of industrial, office, retail, and residential space. Located in a downtown setting, the property is near the train station and local amenities. The ground floor features approximately 2,750 square feet of warehouse/workshop space with 16-foot clear ceilings and a 14' x 14' glass-panel overhead door. A dedicated retail storefront with on-building signage and street presence offers an entry point, complemented by adjoining office/back-office space. Upstairs, there are two renovated 1-bedroom apartments with a private side entrance. The property offers street and municipal parking. The property is suitable for an owner-user or investor. The property is ideal for businesses needing functional, high-ceiling workspace with visibility. The total property size is 5,410 square feet.

Key Highlights

  • Prime downtown location, steps from the train station and local amenities.
  • Mixed‑use property with industrial, office, retail, and residential spaces.
  • Ground floor: 2,750 sq ft warehouse/workshop with 16‑foot ceilings and a 14' x 14' glass‑panel overhead door.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Garden Center Acupuncture Catering Service Real Estate Agency (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,006
Businesses Nearby

Demographics for 06451, CT

24,894
Population
11,004
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
85%
High-School Grad
9.8 sq mi
ZIP Area
2,540
Density / Sq Mi
$68,081
Median Household Income
$44,681
Median Earnings
$1,207
Median Rent
$223,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile mixed-use property with industrial, office, retail, and residential spaces.
Where is this mixed-use property located?
The property is located at 109 Hanover Street Meriden, CT.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Prime downtown location, steps from the train station and local amenities.; Mixed‑use property with industrial, office, retail, and residential spaces.; Ground floor: **2,750 sq ft warehouse/workshop with 16‑foot ceilings and a 14' x 14' glass‑panel overhead door.**
More about this property
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