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Downtown Mixed-Use Redevelopment
For Sale
$450,000

163 , Meriden, CT 06450

Four development lots with approximately 285 feet of road frontage and a 57,000-SF brick building requiring full cleanout and renovation.

Property Size1,905 SF
Price / SF$7.78
Days on Market127

Property Features for 163

General Information

Standard status Active
Size 1,905 SF
Property subtype Commercial
Zoning TOD
Lease Term Listing ID: 24178748, Standard Status: Active, MLS Status: Active, 30 days on market

Additional Details

Road Access Yes

Building Details

Building Size 1,905 SF
Year Built 1905
Listing Agency: William Raveis Real Estate
Listed By: Santo Gulino · License #RES.0782992
Source: Iverty
Added: Jun 1 Changed: Oct 4 Last Checked: Oct 4 at 11:13AM

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 William Raveis Real Estate

Investment Insights

Based on property information with market context.

This for-sale mixed-use redevelopment offering includes four development lots totaling approximately 285 feet of road frontage, along with an existing 57,000-SF brick building. The structure requires a full cleanout and renovation, presenting an adaptive-reuse redevelopment opportunity for qualified buyers and developers.

The property is located in Downtown Meriden within the Transit-Oriented Development Planning (TODP/TOD) zoning district. The TOD zoning supports moderate- to high-density mixed-use development within walking distance of the Meriden train station and allows for up to 69 residential units with complementary commercial uses.

Permitted concepts may include apartments, retail, restaurants, office space, cafes, and other pedestrian-oriented amenities designed to support downtown living and economic growth. A Phase I Environmental Report is available upon request.

Key Highlights

  • Four development lots with approximately 285 ft of road frontage in Downtown Meriden
  • Existing 57,000 SF brick building (Year Built 1905) requiring full cleanout and renovation
  • Located in Meriden TODP/TOD zoning, which permits moderate- to high‑density mixed‑use development

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Garden Center Carpet & Flooring Store Locksmith

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

375
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four development lots with approximately 285 feet of road frontage and a 57,000-SF brick building requiring full cleanout and renovation.
Where is this mixed-use property located?
The property is located at 163 Meriden, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four development lots with approximately 285 ft of road frontage in Downtown Meriden; Existing 57,000 SF brick building (Year Built 1905) requiring full cleanout and renovation; Located in Meriden TODP/TOD zoning, which permits moderate- to high‑density mixed‑use development
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