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Manufacturing Building with Reuse Potential
For Lease
$1,100,000

547 Center St, Meriden, CT 06450

Rented industrial building in a special zoning district with residential apartment use included among the permitted options.

Space SizeContact for details
Days on Market491

Property Features for 547 Center St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $13,481
Listing Agency: Gulino Real Estate
Listed By: Ross Gulino · License #REB.0791635
Source: Exprealty
Added: Apr 29, 2025 Changed: Aug 31 Last Checked: Aug 31 at 7:47PM

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 Gulino Real Estate

Investment Insights

Based on property information with market context.

This industrial building is currently rented and contains approximately 30,000 square feet of space on 1.3 acres. The property is associated with prior mill, manufacturing, and retail functions, providing an existing commercial structure with a varied use history.

The site is located at 547 Center St in Meriden, Connecticut. Its special zoning designation identifies the property as an adaptive reuse opportunity, with residential apartments included among the allowed uses. Additional permitted uses are addressed in Chapter 213-39.1, Adaptive Reuse.

Key Highlights

  • Approximately 30,000‑square‑foot building on 1.3 acres
  • Currently rented
  • Former mill, manufacturing, and retail uses

Property Analytics

Current Use

Construction Workforce Initiative ... Charitable Organization

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center Furniture & Home Goods Hair Salon (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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Rented industrial building in a special zoning district with residential apartment use included among the permitted options.
Where is this manufacturing property located?
The property is located at 547 Center St Meriden, CT.
What is the lease rate?
The lease rate is $1,100,000.
What are key features of this property?
This property features: Approximately 30,000‑square‑foot building on 1.3 acres; Currently rented; Former mill, manufacturing, and retail uses
More about this property
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