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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

965 Main St Meriden, CT 06450

3.5 ac lot
Property ID
US15-1039629
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 3.5 ac (152,460 SF)
UPID US15-1039629
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Community Economic Development Fund Charitable Organization Social Service Agency
  • Just Right Bookkeeping & Consulting Service Consultant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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