965 Main St Meriden, CT 06450
This exceptional 3.5-acre redevelopment opportunity in Meriden, Connecticut, presents a compelling investment prospect. Located at 965 East Main Street, the property boasts unparalleled visibility due to its direct highway access, making it an ideal location for a variety of commercial ventures. The existing two-story building, encompassing approximately 19,705 square feet, offers potential for repurposing or demolition. The property is zoned C-3, allowing for diverse uses, including but not limited to convenience stores, quick-service restaurants, and full-service restaurants. The zoning also permits multi-family residential dwellings with a special permit. The site benefits from exceptional daily traffic counts, with East Main Street averaging 24,310 vehicles daily and I-91 boasting an average daily traffic count of 70,729. Convenient access to I-91, I-691, and Route 15 further enhances its strategic location. The asking price for this prime redevelopment site is $3,000,000. This presents a unique chance to capitalize on a high-traffic location in a thriving area with numerous nearby amenities. The property's size and zoning flexibility offer significant potential for a wide range of development projects.
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Community Economic Development Fund Charitable Organization Social Service Agency
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Just Right Bookkeeping & Consulting Service Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.