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550 Broad, Meriden, CT 06450
   
550 Broad, Meriden, CT 06450
RET | Retail | 7,040 Sqft

$2,690,000
350 Days on Market - Active


Welcome to this incredible commercial building located on a heavily trafficked state highway, boasting a prime location that is sure to impress! this building is currently occupied by a laundrymat, convenience store and restaurant, providing a fantastic investment opportunity for any savvy entrepreneur looking to establish a thriving business in a bustling area. traffic count see over 17,000 cars pass by per day. as you step inside this spacious and versatile building, you'll be struck by the generous square footage and modern layout that has been thoughtfully designed to accommodate a variety of business needs. the laundrymat boasts state-of-the-art washers and dryers, making it a convenient and popular destination for local residents and visitors alike. the convenience store offers a wide selection of everyday items, making it the go-to spot for those in need of quick essentials. and the restaurant features a fully-equipped kitchen perfect for serving up delicious meals to hungry patrons. but the true selling point of this commercial building is its unbeatable location on a heavily trafficked state highway. the high visibility and easy access from the road ensure a steady flow of foot traffic and drive-by customers, making it an ideal spot for businesses looking to maximize their exposure and potential profits. whether you're a seasoned investor or a budding entrepreneur, this commercial building is a must-see for anyone seeking a lucrative roi.

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Details
  • 1 Units
  • 0.44 Acres
  • Built in 2003

Sqft
  • 7040 Total Sqft

Parking
  • 0 Total Spaces

Location
  • USHWY,STRD

Business

    Financials
      - No Data -

    Utilities
    • Hot Air
    • Oil
    • Central Air
    • Public Water
    • Public Sewers

    Taxes
    • $458,080 Assessment
    • 37.12 Mill Rate
    • $17,004 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170563232

    Real Estate Agent
    • Agent: Patrick Farrell
    • Broker: Lila Delman Compass
    • Phone: (401) 212-0348


    Map of 550 Broad, Meriden, CT 06450

    Directions to 550 Broad, Meriden, CT 06450
    550 Broad St, Meriden, CT 06450

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $2,690,000   |   Downpayment @ 20.00%: $538,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $15,981


    Monthly Cost Estimate: $15,981
    • Mortgage: $14,564
    • Taxes: $1,417
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $191,770
    • Mortgage: $174,766
    • Taxes: $17,004
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $6,291,104
    • Mortgage: $5,242,984
    • Taxes: $510,120
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $538,000

    Go To Mortgage Calculator

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    This real estate listing for sale at 550 Broad is presently used as with 7040 total sqft and was built in 2003. It is located in the Meriden, CT area with the 06450 zip code. For more info about the property at 550 Broad, Meriden, CT 06450 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.