4-Unit Mixed-Use
New
For Sale
$574,900
118 Columbia St, Meriden, CT 06451
A retail space and three apartments share the building, with washer and dryer hookups in every unit.
Property Size5,400 SF
Price / SF$106.46
Days on Market4
Property Features for 118 Columbia St
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Building Details
Year Built
1946
Tenancy
Multi
Listing Agency:
KW Legacy Partners
Listed By:
Nadia Kachwaha (860) 810-0576 (860) 313-0700 · License #CT 0799452
(860) 313-0700
Source:
Rhodeislandhomesforsale
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 2:23PM
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 KW Legacy Partners
Investment Insights
Based on property information with market context.
At 118 Columbia Street, this 5,400-square-foot mixed-use property contains a retail unit and three apartments. The retail space is leased to a neighborhood bodega. Apartment layouts include a loft-style one-bedroom, a two-bedroom with one bath, and a three-bedroom with two baths. Updates noted in two units include kitchens with white cabinets and granite counters; the one-bedroom also has stainless steel appliances, cement floors, high ceilings, and an open layout. Residential occupancy is month-to-month. Each unit has washer and dryer hookups, and the property was built in 1946.
Garage space is divided between two sides, each with room for two cars or use as storage; one side also has workshop potential. The one-bedroom connects to one garage section and the backyard, which includes a fenced area. The three-bedroom unit has a separate driveway. Mechanical systems include two newer Navien boilers serving two units and one oil boiler. The property is next to I-691 in Meriden, between Hartford and New Haven.
Garage space is divided between two sides, each with room for two cars or use as storage; one side also has workshop potential. The one-bedroom connects to one garage section and the backyard, which includes a fenced area. The three-bedroom unit has a separate driveway. Mechanical systems include two newer Navien boilers serving two units and one oil boiler. The property is next to I-691 in Meriden, between Hartford and New Haven.
Key Highlights
- Four‑unit mixed‑use property with a leased retail unit and three apartments
- 5,400 square feet; built in 1946
- Apartment mix: one 1‑bedroom, one 2‑bedroom/1‑bath, and one 3‑bedroom/2‑bath unit
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A retail space and three apartments share the building, with washer and dryer hookups in every unit.
Where is this mixed-use property located?
The property is located at 118 Columbia St Meriden, CT.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Four‑unit mixed‑use property with a leased retail unit and three apartments; 5,400 square feet; built in 1946; Apartment mix: one 1‑bedroom, one 2‑bedroom/1‑bath, and one 3‑bedroom/2‑bath unit
