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Adaptive Reuse Mixed-Use Property
For Sale
$1,100,000

547 Center Street, Meriden, CT 06450

The M-3 zoning includes residential apartments among a broad range of uses under the city’s adaptive reuse provisions.

Property Size39,437 SF
Lot Size1.30 Acres
Price / SF$27.89
Days on Market544

Property Features for 547 Center Street

General Information

Standard status Active
Size 39,437 SF
Lot size 1.30 Acres
Property subtype Commercial
Zoning M-3

Building Details

Building Size 39,437 SF
Year Built 1900
Buildings 1
Units 1
Listing Agency: Gulino Real Estate
Listed By: Ross Gulino · License #REB.0791635
Source: Cappellorealty
Added: Apr 28, 2025 Changed: Oct 22 Last Checked: Oct 22 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 Gulino Real Estate

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Investment Insights

Based on property information with market context.

This mixed-use property comprises a 30,000-square-foot building on 1.3 acres. Built in 1900, the property is currently leased and carries M-3 zoning. The city’s adaptive reuse provisions allow a range of uses, including residential apartments; the applicable details are set out in Chapter 213-39.1.

Key Highlights

  • 30,000‑square‑foot building on 1.3 acres
  • Built in 1900
  • Currently rented

Property Analytics

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Open Analytics

Current Use

Construction Workforce Initiative ... Charitable Organization

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center Furniture & Home Goods Hair Salon Carpet & Flooring Store

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

1,030
Businesses Nearby

Demographics for 06450, CT

36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The M-3 zoning includes residential apartments among a broad range of uses under the city’s adaptive reuse provisions.
Where is this mixed-use property located?
The property is located at 547 Center Street Meriden, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 30,000‑square‑foot building on 1.3 acres; Built in 1900; Currently rented
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