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For Sale Details

$2,100,000
$60.01 / SF
  • Property Type Industrial, Office
  • Sale Type Investment, Owner-User
  • Status Active
  • Created 11/05/26
  • Updated 11/05/26

About 47 Billard Street, Meriden, CT 06451

  • Perfect for A User Who Wants Additional Income
  • 34,992± SF Industrial Building
  • Building is currently 50% occupied
  • Zoning: M-3
  • 100 Parking Spaces
  • 2.15 Acres for New Building or Outside Storage Space Available
  • Highway Access: I-691, I-91
  • Tenants are Month-to-Month
  • Owner Financing Available

O,R&L Commercial is pleased to present 47 Billard Street in Meriden, Connecticut, a 34,992± SF industrial building situated on 2.15 acres in the M-3 Zone and offered for sale at $2,100,000. The three-story property is currently 50% occupied with month-to-month tenants, providing an owner-user or investor with immediate income and future leasing potential. The building features a 16-foot clear height, one loading dock, one drive-in door, central air conditioning, gas forced hot air heat, and a wet sprinkler system, along with 100 parking spaces. An additional area is available for a new building or outside storage, offering valuable expansion potential. With convenient access to Interstate 691 and Interstate 91, the property is well-positioned for a variety of industrial uses. The property generates $248,928 in income with a $195,528 NOI, and owner financing is available, making this a compelling opportunity for investors or owner-users seeking an industrial asset with existing cash flow and future development potential.

Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 34,992
  • Year Built: 1920 - 1980
  • Clear Height (Feet): 16
  • Dock Doors: 1
  • Drive In Doors: 1
  • Sprinkler: Yes
  • Number of Stories: 3
  • Number of Buildings: 5

Land Details

  • Parking Count: 100
  • Acreage: 2.15
  • Sewage System: Public Sewer
  • Water System: Public Water

Financial Characteristics

  • Net Operating Income: $195,528

Documents for 47 Billard Street, Meriden, CT 06451

FLYER 47 Billard St Meriden.pdf

The Industrial, Office property at 47 Billard Street, Meriden, CT 06451 is currently available for sale. Contact Thomas Wilks from O,R&L Commercial, LLC for more information.

About this area: Meriden, CT

Conn-Comp market snapshot

Commercial sales in Meriden, last 12 months

33
sales recorded
$103
median price per SF
$78 - $164
middle half, per SF
7.60%
average mortgage rate
Median sale price $615,000. 79% of sales were financed, average loan 76% of price. Median price per SF up 2% from the prior 12 months. New Haven County: 459 sales, median $147 per SF, average mortgage rate 7.45%. November 2025 through October 2026. Source: Conn-Comp Sales Data, verified Connecticut sales and recorded mortgages. For verified sales data, use Sales Data Login

Meriden's commercial property is concentrated downtown near the train station, along East Main Street, Broad Street (US 5) and Lewis Avenue, and around the Meriden Mall area near I-691. Industrial property is in the Research Parkway and Gravel Street areas and along the I-91 corridor. Health care is the largest job sector, led by MidState Medical Center.

Population60,545
Jobs located here18,721
Largest employersMidState Medical Center, Carabetta Management Co, Hunters Ambulance, 3M Purification Inc, RFS Technologies
HighwaysI-91, I-691, Route 15, US 5, Route 66, Route 71
People within a 45-minute drive2,211,919
Median household income$71,253
CountyNew Haven County

Town facts: AdvanceCT and CTData Collaborative, 2026 Town Profile