Downtown Redevelopment Retail
163 Pratt St Meriden, CT 06450
163 Pratt St, Meriden, CT, 06450
$450,000
For Sale
$450,000
Redevelopment site with a large brick building and substantial road frontage in a TOD zoning district near transit.
Property Size57,000 SF
Price / SF$7.89
Days on Market50
Property Features for 163 Pratt St
General Information
- Standard status
- Active
- Size
- 57,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1905
Listing agency
William Raveis Real Estate
(860) 655-7004
Listed by
Santo Gulino · License #RES.0782992
(860) 655-7004
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 8:13AM
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 Raveis Real Estate
Investment Insights
Based on property information with market context.
The offering includes four development lots totaling approximately 285 feet of road frontage, along with an existing 57,000-SF brick building. The Public Remarks indicate the existing structure requires a full cleanout and renovation, presenting an adaptive-reuse and redevelopment canvas for a new mixed-use concept. A Phase I Environmental Report is available upon request.
The site is located in Downtown Meriden within the Transit-Oriented Development Planning (TODP/TOD) zoning district. The TOD zoning supports moderate- to high-density mixed-use development with complementary commercial uses, and the Public Remarks note walking distance to the Meriden train station. The bikeScore, walkScore, and transitScore provided suggest the area is very walkable with some transit access.
For developers, this property is positioned to support a pedestrian-oriented, mixed-use program that may include apartments along with commercial uses such as retail, restaurants, offices, and cafes, subject to zoning and approvals. Given the stated condition of the existing building, it may also suit operators and investors looking for a ground-up redevelopment or substantial adaptive-reuse project tied to downtown revitalization efforts.
The site is located in Downtown Meriden within the Transit-Oriented Development Planning (TODP/TOD) zoning district. The TOD zoning supports moderate- to high-density mixed-use development with complementary commercial uses, and the Public Remarks note walking distance to the Meriden train station. The bikeScore, walkScore, and transitScore provided suggest the area is very walkable with some transit access.
For developers, this property is positioned to support a pedestrian-oriented, mixed-use program that may include apartments along with commercial uses such as retail, restaurants, offices, and cafes, subject to zoning and approvals. Given the stated condition of the existing building, it may also suit operators and investors looking for a ground-up redevelopment or substantial adaptive-reuse project tied to downtown revitalization efforts.
Key Highlights
- Four development lots with approximately 285 ft of road frontage in Downtown Meriden TODP/TOD zoning district
- Existing 57,000 SF brick building (built 1905) requiring full cleanout and renovation
- TOD zoning allows up to 69 residential units with complementary commercial uses
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Redevelopment site with a large brick building and substantial road frontage in a TOD zoning district near transit.
Where is this apartment building located?
The property is located at 163 Pratt St Meriden, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four development lots with approximately 285 ft of road frontage in Downtown Meriden TODP/TOD zoning district; Existing 57,000 SF brick building (built 1905) requiring full cleanout and renovation; TOD zoning allows up to 69 residential units with complementary commercial uses
