Search
Automotive Repair and Towing Facility
For Sale
Contact for pricing
Pending

587 North Colony Street, Meriden, CT 06451

Multiple garages support auto repair and towing, with three lifts and office space above.

Property SizeContact for details
Days on Market135

Property Features for 587 North Colony Street

General Information

Standard status Pending
Property subtype Retail, Office

Additional Details

Business Included Yes
Service Bays 3
Listing Agency: Goodfellow Real Estate
Listed By: James McCall · License #CT RES.0798754
Source: Crexi
Added: Apr 10 Changed: Aug 14 Last Checked: Aug 21 at 2:35PM

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 Goodfellow Real Estate

Investment Insights

Based on property information with market context.

This property is currently operating as an auto repair and towing facility, with multiple garages configured for vehicle work. The site includes three lifts, along with office space above the garage area and office amenities. A used car dealer license for 28 cars is stated as being on premise, and the business assets for auto body repair, sales, and service are included with the purchase.

The property is located at 587 North Colony Street in Meriden, CT, and also includes a freestanding three-bedroom house on the premises as part of the sale.

Overall, the layout combines vehicle service capacity with on-site office space, supported by garage bays and lift equipment for day-to-day automotive operations.

Key Highlights

  • Property currently used for auto repair/towing with multiple garages
  • Includes 3 lifts and office space above the garage with amenities
  • Used car dealer license for 28 cars on premise

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Electrical Service HVAC Service (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

3
Service bays
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

720
Businesses Nearby
Well-served
Demand for This Use

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • R-C Automotive Services 213 Colony St, Meriden, CT 06451
  • Don Ives Custom Pinstriping 31 Cedar St #28, Meriden, CT 06450
  • Tune Up Buddy 967 Broad St, Meriden, CT 06450
  • Malave Auto LLC 181 Camp St, Meriden, CT 06450
  • JM Compounds 290 Pratt St, Meriden, CT 06450

Frequently Asked Questions

What type of property is this?
Auto shop - Multiple garages support auto repair and towing, with three lifts and office space above.
Where is this auto shop located?
The property is located at 587 North Colony Street Meriden, CT.
What are key features of this property?
This property features: Property currently used for auto repair/towing with multiple garages; Includes 3 lifts and office space above the garage with amenities; Used car dealer license for 28 cars on premise
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message