1387 Meriden Rd Wolcott, CT 06716
For Sale
This exceptional commercial property, located at 1387 Meriden Rd in Wolcott, Connecticut, presents a fantastic investment opportunity. The 2,258-square-foot building sits on a 0.33-acre lot and boasts a prominent 120-foot frontage with two convenient curb cuts. Built in 1980 and renovated in the same year, the single-story structure is zoned CG, offering versatility for a range of uses. The high traffic count of 13,700 vehicles provides excellent visibility and accessibility for potential businesses. Ideal for a restaurant, but also suitable for medical offices, daycare centers, or other retail ventures, this property offers significant potential for growth and profitability. The asking price is $485,000, translating to $214.79 per square foot. The entire 2,258 square feet is net rentable, maximizing space utilization. This location in New Haven County, with its zip code 06716, offers a strategic position within a thriving community. Don't miss this chance to acquire a well-situated commercial property with substantial upside.
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Thai Palace Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Wolcott, CTWolcott. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.