Former Sears Anchor Shopping
For Sale
Contact for pricing
470 Lewis Avenue, Meriden, CT 06451
Unleased anchor-box and auto-center property attached to a super-regional mall.
Property Size121,141 SF
Lot Size7.74 Acres
Days on Market15
Property Features for 470 Lewis Avenue
General Information
Standard status
Active
Size
121,141 SF
Total Parking Spaces
830
Lot size
7.74 Acres
Property subtype
Retail
Zoning
C-2 General Commercial
Investment Type
Redevelopment
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
2
Stories
2
Tenancy
Single
Listing Agency:
Atlantic Capital Partners
Listed By:
Jordan Gomez · License #139276
Source:
Crexi
Added: Jul 28
Changed: Aug 10
Last Checked: Aug 11 at 7:34AM
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 Atlantic Capital Partners
Investment Insights
Based on property information with market context.
This 121,141-square-foot commercial property comprises a former Sears anchor box and auto center. The improvements are currently free of tenant leases and are zoned C-2 General Commercial, supporting consideration of re-leasing or redevelopment within an established retail setting.
The property is attached to Meriden Mall, a 900,000-square-foot super-regional mall, and benefits from direct access via I-691 and US Route 5. The 7.74-acre site is positioned at the intersection of two major Connecticut corridors. Within three miles, the surrounding population is 59,839 residents, increasing to 103,071 within five miles; average household incomes are $93,887 and $114,441, respectively.
The property is attached to Meriden Mall, a 900,000-square-foot super-regional mall, and benefits from direct access via I-691 and US Route 5. The 7.74-acre site is positioned at the intersection of two major Connecticut corridors. Within three miles, the surrounding population is 59,839 residents, increasing to 103,071 within five miles; average household incomes are $93,887 and $114,441, respectively.
Key Highlights
- 121,141‑square‑foot former Sears anchor box and auto center
- 7.74‑acre site attached to Meriden Mall
- Property is unencumbered by tenant leases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
161k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Apparel 30%
Groceries 15%
Shops & Services 10%
Target
Superstores
72,144 visits/mo
0.4 miles
Boscov's
Apparel
46,911 visits/mo
0.1 miles
Aldi
Groceries
23,373 visits/mo
0.1 miles
Dollar Tree
Shops & Services
15,833 visits/mo
0.1 miles
Men's Wearhouse
Apparel
2,179 visits/mo
0.2 miles
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 Retail in Northeast region
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Similar Off Market Nearby
- Proactiv Automated Kiosk — 470 Lewis Ave, Meriden, CT 06451
- Castle View Plaza — 500 W Main St, Meriden, CT 06451, United States
- Lincoln Plaza — 311 W Main St, Meriden, CT 06451
- Spencer Gifts — Lewis Ave, Meriden, CT 06451
- Chamberlain Plaza — 495 chamberlain hwy, meriden, ct 06451
Frequently Asked Questions
What type of property is this?
Shopping center - Unleased anchor-box and auto-center property attached to a super-regional mall.
Where is this shopping center located?
The property is located at 470 Lewis Avenue Meriden, CT.
What are key features of this property?
This property features: 121,141‑square‑foot former Sears anchor box and auto center; 7.74‑acre site attached to Meriden Mall; Property is unencumbered by tenant leases
