Individually Owned 
For Sale
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Property summary
This exceptional 4,202 square foot commercial property, situated on a 0.79-acre lot at 40 Main Street in Meriden, Connecticut, presents a unique investment opportunity. Currently operating as a state-of-the-art auto repair and used car sales facility, this C1 zoned property is fully equipped for mechanical repair, auto body work, and painting. The facility boasts the capacity to display twenty used vehicles, and the sale includes five existing license plates. The property is environmentally… compliant, ensuring a smooth transition for the new owner. The building's robust infrastructure and established business operations provide immediate income potential. This turnkey operation offers a rare chance to acquire a well-established business with significant upside. The property's prime location in Meriden, CT, ensures high visibility and accessibility. Owner financing is negotiable, making this an attractive proposition for a wide range of investors. This is a rare opportunity to acquire a profitable, established business in a desirable location. The property is ready for immediate occupancy and offers significant potential for growth and expansion. Serious inquiries only.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 17 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,102 SF
- Lot area
- 0.79 ac
- Year built
- 1900
- Stories
- 1
- APN
- MERI M:703 B:293 L:10A
- Zoning
- C-1
- Assessed value · 2024
- $234,010
- Annual tax · 2024
- $8,497
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of C-1 district shall be to provide for and encourage a variety of retail businesses, business and professional offices, service businesses, entertainment and cultural establishments
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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