Mixed-Use Corner
For Sale
Contact for pricing
246 W Main St, Meriden, CT 06451
Turn-key corner property with retail and apartments, including an adjacent three-family, all reported 100% occupied.
Property SizeContact for details
Days on Market134
Property Features for 246 W Main St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
11
Building Details
Year Renovated
2018
Tenancy
Multi
Listing Agency:
OXFORD REALTY
(203) 314-4219
Listed By:
Amanda Faroni-Sheehan · License #REB.0793328 CT
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:25PM
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 OXFORD REALTY
Investment Insights
Based on property information with market context.
This turn-key mixed-use corner building includes a total of 10 units: 2 retail spaces and 10 apartments configured as three 3-bedroom units, three 1-bedroom units, and two 4-bedroom units. An adjacent three-family property is also included, with one studio unit, one 1-bedroom unit, and one 2-bedroom unit. The offering is reported to be 100% occupied with below-market rents.
The properties are described as completely turn key inside and out, with over $500,000 in renovations completed in 2018, along with updated apartments and electrical. Utilities are described as separate and tenant paid.
Both the main corner building and the adjacent three-family provide a multi-income configuration combining street-level retail with apartment living within the same offering.
The properties are described as completely turn key inside and out, with over $500,000 in renovations completed in 2018, along with updated apartments and electrical. Utilities are described as separate and tenant paid.
Both the main corner building and the adjacent three-family provide a multi-income configuration combining street-level retail with apartment living within the same offering.
Key Highlights
- Mixed‑use corner building with 10 units: 2 retail spaces and 10 apartments
- Unit mix includes 3 three‑bedroom apartments, 3 one‑bedroom apartments, and 2 four‑bedroom apartments
- Adjacent 3‑family property includes 1 studio, 1 one‑bedroom, and 1 two‑bedroom unit
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
161
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Turn-key corner property with retail and apartments, including an adjacent three-family, all reported 100% occupied.
Where is this apartment building located?
The property is located at 246 W Main St Meriden, CT.
What are key features of this property?
This property features: Mixed‑use corner building with 10 units: 2 retail spaces and 10 apartments; Unit mix includes 3 three‑bedroom apartments, 3 one‑bedroom apartments, and 2 four‑bedroom apartments; Adjacent 3‑family property includes 1 studio, 1 one‑bedroom, and 1 two‑bedroom unit
