Listing Agency: Colonial Properties m***@colprop.com Show Phone

Listed By: Michael Richetelli · License #REB.0751325 Show Phone

Source: Moodyscre

Added: Apr 1, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:33PM

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Investment Insights

Based on property information with market context.

This offering comprises 3.02 +/- acres of land, consisting of a 2.86-acre parcel at 32 Edgewood St and a 0.16-acre parcel at 61 Edgewood Pl, both located in Meriden, CT. The zoning was changed to C-2 in 2017, and the Zoning Board of Appeals granted special approval for aged-restricted housing. A previous plan envisioned a 64-unit, 4-story building with 128 parking spaces, but these entitlements have since expired. Any new development will require a new site plan approval from the City of Meriden. The sale price includes both parcels.

Key Highlights

• 3. 02 +/- Acres of Land across two parcels (32 Edgewood St & 61 Edgewood Pl)
• Zoned C‑2 for commercial use
• Zoning Board of Appeals previously approved Aged Restricted Housing

Property Analytics

Property Profile

Current Use

State Min. Cigarettes ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) 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

473

Businesses Nearby

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Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - 3.02 +/- acres in Meriden, CT, suitable for development.

Where is this land located?

The property is located at 32 Edgewood St Meriden, CT.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: 3. 02 +/- Acres of Land across two parcels (32 Edgewood St & 61 Edgewood Pl); Zoned C‑2 for commercial use; Zoning Board of Appeals previously approved Aged Restricted Housing