1457 Meriden Road, Wolcott, CT 06716
COMMERCIAL - Wolcott, CT
- Added:
- Jul 17, 2025
- Days on Market:
- 331
- Last Refresh:
- Jun 12 at 10:06 am
Property Features for 1457 Meriden Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Size
- 13,878 SF
- Lot size
- 5.19 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 21764
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1990
- Floors in Building
- 1
Listing agent Young Lee License #CT RES.0798035 (203) 499-8259
Listing office Houlihan Lawrence WD 47 High Street, New Haven, CT (203) 787-6888
Listing date Jul 17, 2025
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Reduced Sale Price: $1.98M
- Great Location in Wolcott with Heavy Traffic Area
- Features 8 Retail Store Spaces
- Long Time Tenants (average 16 years)
- 5.19 Acres
- 13,878 SF
Overview
Located in Wolcott, Connecticut at 1457 Meriden Road, the center benefits from a heavy-traffic setting along the area’s primary retail corridor. The property is presented as a streamlined option for an owner seeking a multi-tenant retail asset in a developed commercial area.
For buyers and investors, the eight-suite layout can support a variety of leasing strategies while keeping operations centralized under one ownership. For tenants, the configuration provides dedicated retail storefront space within a single center. Zoning is listed as GC, which may be relevant to a prospective tenant’s evaluation of permitted retail use. The combination of long-standing tenancy and an established retail mix may appeal to those looking for an income-producing retail asset with an existing tenant base.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $183.2k | $13.20 |
| − Vacancy | −$15.6k | −$1.12 |
| EGI | $167.6k | $12.08 |
| − OpEx | −$50.3k | −$3.62 |
| NOI | $117.3k | $8.45 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Coin Cloud Bitcoin ATM — 1655 Meriden Rd, Wolcott, CT 06716
Location Insight
- Map
- Local Demand
- City
- Wolcott
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.966437
- Latitude
- 41.55418
