Mixed-Use Investment
For Sale
$449,900
200 W Main St, Meriden, CT 06451
Mixed-use property in downtown Meriden with income potential.
Property Size2,594 SF
Days on Market111
Property Features for 200 W Main St
General Information
Standard status
Active
Size
2,594 SF
Property subtype
Commercial
Building Details
Building Size
2,594 SF
Year Built
1899
Stories
3
Listing Agency:
Clermont Real Estate
(203) 675-6902
Listed By:
Rob N. Clermont · License #REB.0790498
(203) 675-6902
Source:
Elliman
Added: Apr 24
Changed: Aug 9
Last Checked: Aug 11 at 11:33AM
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 Clermont Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property is located in downtown Meriden, within the C-1 zone. The property includes four units: a street-level commercial space, previously used as a barber shop; a second-floor office, formerly a CPA's office; a rear one-bedroom apartment on the second floor; and a one-bedroom apartment on the third floor. The property offers value-add potential for investors or owner-occupants. The second-floor office was previously configured as a residential unit and may offer potential for conversion back to an apartment with city approval. The mix of residential and commercial space provides opportunities for future income growth. A rear parking lot accommodates up to 10 vehicles. Heat and hot water are included via one boiler and one hot water heater. All tenants are month-to-month and would like to stay. Current rents are: $460 per month for the first-floor commercial space, $0 per month for the second-floor office, $525 per month for the second-floor rear one-bedroom apartment, and $875 per month for the third-floor one-bedroom apartment. This property is suitable for an owner-occupant or investor seeking flexible mixed-use space with income potential. The bike score is 52, indicating it is bikeable. The walk score is 88, indicating it is very walkable. The transit score is 47, indicating some transit options are available.
Key Highlights
- Mixed‑use property in downtown Meriden (C‑1 zone) offering both commercial and residential income potential.
- Value‑add opportunity with potential to increase income through rent adjustments or property improvements.
- Rear parking lot with space for up to 10 vehicles.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in downtown Meriden with income potential.
Where is this mixed-use property located?
The property is located at 200 W Main St Meriden, CT.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Mixed‑use property in downtown Meriden (C‑1 zone) offering both commercial and residential income potential.; Value‑add opportunity with potential to increase income through rent adjustments or property improvements.; Rear parking lot with space for up to 10 vehicles.
