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Executive Summary

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.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
6,000 SF
Building Class
B
Year Built
1978
Price
$690,000
Price Per SF
$115
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.48 AC
Zoning
C-2 - Commercial

Amenities

  • Signage

Sustainability

LEED Certified
Certified
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
MERI-000621-000193-000043-000045
Land Assessment
$155,890
Improvements Assessment
$693,210
Total Assessment
$849,100
  • Listing ID: 38896613

  • Date on Market: 12/24/2025

  • Last Updated:

  • Address: 55 Centennial Ave, Meriden, CT 06451

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