584 W Main St - Storefront Retail/Residential FOR SALE


Meriden, CT 06451- Meriden/Wallingford
$749,900 USD
860-919-7078
584 W Main St, Meriden, CT for Sale
$749,900 USD
Storefront Retail/Residential - FOR SALE
1/28
null | Request Cap Rate

584 W Main St
Meriden, CT 06451
Meriden/Wallingford


HIGHLIGHTS

  • signalized intersection
  • flat useable piece

OVERVIEW

What a phenomenal opportunity here. This is two parcels 584/594 to be sold together as .44 acre site on busy signalized intersection. 160 Ft of frontage. The neighbors across street are 2 gas stations, small strip center, and STORAGE behind. Great location for bank, automotive, ect. The property currently has a 2 family with tenants paying $800/$775. The 4 unit has two commercial spaces $2600/$850 and 2 residential units $850/$850. Currently brings in $6725 a month and has 5 garage bays which could be rented for additional income. 2 of the 3/4 bed rents are WAY under market at $850. Great potential with the C2 zone and location for many uses.

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

R & R Auto World

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C-2

APN/PARCEL ID

MERI-000621-000193-000056

ASK ABOUT THIS PROPERTY

Roy EvjenEvjen AgencyMore Info
860-919-7078

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Roy EvjenEvjen AgencyMore Info
860-919-7078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.