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    141 Grove St Meriden, CT 06451

    For Lease
    $6 SF/Yr ($8,125 /Mo)

    Industrial Warehouse, Excellent Location

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 14,990-square-foot industrial warehouse in Meriden, CT, is perfect for various uses. The single-tenant building boasts 13,215 square feet of warehouse space, complemented by 1,275 square feet of office space and a 1,275-square-foot basement. Three loading docks (two 12x10, one 7x12 drive-in) ensure efficient loading and unloading. The 14.5-foot ceilings provide ample vertical space, while the 3-phase 400-amp power supply caters to substantial energy demands. The well-appointed office area includes a conference room, ideal for administrative tasks and meetings. The property also features brand new energy-efficient LED lighting, bathrooms, a small kitchenette, and 12 parking spaces. Heating is provided by oil, with partial central air conditioning. The owner is willing to assist with tenant improvements. This exceptional property offers 286 feet of frontage on Grove Street and an additional 125 feet on Washington Street, providing excellent visibility and accessibility. Its strategic location offers a 2-minute drive to I-691, and within a 10-minute drive to I-84 and I-91, ensuring seamless transportation of goods. The property's address is 141 Grove St, Meriden, CT 06451.

    Property Features for 141 Grove St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    8125

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    7,800 SF
    Rate per SF
    $6

    HighLights

    • 14,990 SF industrial warehouse in Meriden, CT.
    • Features 13,215 SF of warehouse space, 1,275 SF of office space, and a 1,275 SF basement.
    • Three loading docks (two 12x10, one 7x12 drive‑in) and 14.5‑foot ceilings.
    • 3‑phase 400‑amp power, energy‑efficient LED lighting, and 12 parking spaces.
    • Office includes conference room, kitchenette, and bathrooms. Oil heat, partial central AC; owner willing to contribute to tenant improvements.
    • Excellent visibility with 286' of frontage on Grove Street and 125' on Washington Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    National Cabinet & Millwork ... General Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8041412
    Latitude
    41.5407342

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 141 Grove St Meriden, CT.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 14,990 SF industrial warehouse in Meriden, CT.; Features 13,215 SF of warehouse space, 1,275 SF of office space, and a 1,275 SF basement.; Three loading docks (two 12x10, one 7x12 drive-in) and 14.5-foot ceilings.
    Request Owner's contact information
    141 Grove St Meriden, CT 06451
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    Meriden, CT 06451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    141 Grove St Meriden, CT 06451
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