55 Centennial Ave - Bank FOR SALE


Meriden, CT 06451- Meriden/Wallingford
$690,000 USD
55 Centennial Ave, Meriden, CT for Sale
$690,000 USD
Bank - FOR SALE
1/1
null | Request Cap Rate

55 Centennial Ave
Meriden, CT 06451
Meriden/Wallingford


OVERVIEW

6,000 sf former bank branch with drive-thru lane. Bank employees occupy approximately 2,560 sf of the 6,000 sf and would like to continue to lease space after the sale iscompleted, but will relocate if the buyer requires the entire space or will be redeveloping the property. The property will be available after the branch closes in early August 2024. Area retailers include CVS Pharmacy, Dunkin, Taco Bell, Family Dollar and Advance Auto. Property located just off the corner of West Main Street and Centennial Avenue. Large monument sign at the entrance to the property. The property will be sold with a two-year deed restriction against another financial institution.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C-2

APN/PARCEL ID

MERI-000621-000193-000043-000045

ASK ABOUT THIS PROPERTY

Steve PattenThe Proto GroupMore Info

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Steve PattenThe Proto GroupMore Info

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