Downtown Redevelopment Office
For Lease
$450,000
163 Pratt St, Meriden, CT 06450
Four development lots front approximately 285 feet and include a 57,000-sf brick office building needing full renovation.
Space SizeContact for details
Days on Market98
Property Features for 163 Pratt St
General Information
Standard status
Active
Zoning
TODP/TOD
Additional Details
Multifamily Units
69
Taxes and HOA fees
Annual Taxes
$12,701
Listing Agency:
William Raveis Real Estate
(860) 344-1658
Listed By:
Santo Gulino · License #RES.0782992
(860) 655-7004
Source:
Exprealty
Added: Jun 1
Changed: Aug 24
Last Checked: Sep 5 at 12:09PM
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.
This offering includes four development lots with approximately 285 feet of road frontage and an existing 57,000-square-foot brick building. The current structure requires a full cleanout and renovation, presenting a blank canvas for redevelopment or adaptive reuse based on the applicable planning framework.
The property is located in Downtown Meriden within the Transit-Oriented Development Planning (TODP/TOD) zoning district. The public remarks describe the TOD zoning as supporting moderate- to high-density mixed-use development, with residential units and complementary commercial uses allowed, and a concept mix that may include apartments, retail, restaurants, office space, cafes, and pedestrian-oriented amenities.
A Phase I Environmental Report is available upon request.
The property is located in Downtown Meriden within the Transit-Oriented Development Planning (TODP/TOD) zoning district. The public remarks describe the TOD zoning as supporting moderate- to high-density mixed-use development, with residential units and complementary commercial uses allowed, and a concept mix that may include apartments, retail, restaurants, office space, cafes, and pedestrian-oriented amenities.
A Phase I Environmental Report is available upon request.
Key Highlights
- Four development lots with approximately 285 feet of road frontage in Downtown Meriden
- Includes an existing 57,000‑SF brick office building requiring full renovation and cleanout
- Located in Meriden TODP/TOD zoning District allowing up to 69 residential units with complementary commercial uses
Property Analytics
Property Profile
Current Use
Lease Details
69
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Four development lots front approximately 285 feet and include a 57,000-sf brick office building needing full renovation.
Where is this office building located?
The property is located at 163 Pratt St Meriden, CT.
What is the lease rate?
The lease rate is $450,000.
What are key features of this property?
This property features: Four development lots with approximately 285 feet of road frontage in Downtown Meriden; Includes an existing 57,000‑SF brick office building requiring full renovation and cleanout; Located in Meriden TODP/TOD zoning District allowing up to 69 residential units with complementary commercial uses
