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Investment Highlights

  • Previously proposed for a 64 unit 55 & over Senior Living facility with 128 parking spaces
  • Conveniently located off exit 3, I-691 and less then 1 mile to Meriden Mall
  • City of Meriden, ZBA 2017 approval added age-restricted housing building in C-2 Zone

Executive Summary

3.02 +/- Acres of Land (2.86-Ac. 32 Edgewood St & .16-Ac 61 Edgewood Pl) which received a zone change in 2017 to C-2 and Zoning Board of Appeals Special Approval for Aged Restricted Housing. Previous plan presented was for, 64 unit 4-story Building with 128 parking which entitlements have sunset and property would need new site plan approval by City of Meriden. Sale Price includes both parcels of 32 Edgewood St. and 61 Edgewood Pl.

Property Facts

Price $899,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Hospitality
  • Apartment Units - Senior
  • Daycare Center
  • General Freestanding
  • Hotel
  • Medical
  • Motel
  • Warehouse
Total Lot Size 3.02 AC
Zoning C-2

1 Lot Available

Lot

Price $899,000
Price Per AC $297,682.12
Lot Size 3.02 AC

3.02 +/- Acres of Land (2.86-Ac. 32 Edgewood St & .16-Ac 61 Edgewood Pl) which received a zone change in 2017 to C-2 and Zoning Board of Appeals Special Approval for Aged Restricted Housing.

Description

3.02 +/- Acres of Land (2.86-Ac. 32 Edgewood St & .16-Ac 61 Edgewood Pl) which received a zone change in 2017 to C-2 and Zoning Board of Appeals Special Approval for Aged Restricted Housing. Previous plan presented was for, 64 unit 4-story Building with 128 parking which entitlements have sunset and property would need new site plan approval by City of Meriden Sale Price includes both parcels of 32 Edgewood St. and 61 Edgewood Pl.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
40/100
  • Listing ID: 29474296

  • Date on Market: 6/29/2020

  • Last Updated:

  • Address: 32 Edgewood St, Meriden, CT 06451

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