New Listing - 10/02/2024

$309,000

Est. Mortgage $1,561/mo *

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175 Gracey Avenue, Meriden, CT, 06451

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3 beds

1 Full baths

1950

1,424 sqft

Welcome to a prime investment opportunity, perfect for industrial and commercial buyers seeking a versatile property with limitless potential. Situated on a sprawling, lush lot, this 3-bedroom ranch provides not just a comfortable home, but a strategic business asset with industrial zoning that opens the door to a wide range of development possibilities. While currently designed as a residential space, the open-concept dining and living area, complete with hardwood floors and a classic brick fireplace, provides ample room for reimagining as an office, workspace, or meeting area. With newly installed heating, A/C, and plumbing, the building is ready for immediate use or customization to suit your business needs. The walkout, partially finished basement provides even more space for storage, operations, or additional work areas. Outside, the expansive yard provides a blank canvas for further development, parking, or equipment storage, making it ideal for businesses requiring outdoor flexibility. Additionally, the attached one-car garage and extensive driveway provide plenty of parking. The unique industrial zoning provides endless potential for commercial ventures, from light manufacturing to warehousing or office spaces. Whether you're looking to expand your business or invest in a property that allows for creative development, this location delivers unmatched versatility and potential.

Status:

Active

Type:

Commercial

Units:

Zoning:

M-3

Frontage:

Municipal Street

Heating:

Hot Water

Cooling:

Central Air

Acreage:

0.75

Est. Taxes:

$5,522

Assessment

$148,750

Current Use

Single family

Permitted Use

M-3, industrial, commercial, warehouse

Utilities

Electric,Gas,Phone Available,Cable Available

Lot Description:

Dry,Cleared

Days on Market:

MLS #:

24050952

Community Info

School Info

Walk Score

Mass Transit

Yelp

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