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Meriden, IA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Meriden, Iowa Market population: 60K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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11 properties found
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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Meriden CT Properties: 3.4800%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Meriden CT

Common questions from investors exploring commercial real estate in Meriden CT.

What is the overall investment potential of Meriden, CT, considering its demographics and economy? +
Meriden, CT, with a population of 60,480 and a median age of 38.4, presents a stable investment market, given its median household income of $57,633 and a relatively low poverty rate of 12.1%, indicating a strong and stable workforce, which is further supported by its diverse economy led by Health Care & Social Assistance, Retail Trade, and Manufacturing industries.
How does the ethnic diversity and foreign-born rate impact the demand for housing in Meriden? +
The city's ethnic diversity, with top ethnicities being White (73.1%), Hispanic or Latino (23.1%), and Asian (4.5%), combined with a foreign-born rate of 17.3%, suggests a culturally rich and potentially growing community, which can lead to increased demand for housing, especially considering the city's median property value of $173,400 and homeownership rate of 63.2%.
What are the implications of commute times and health insurance coverage on the quality of life and tenant stability in Meriden? +
The average commute time of 24.4 minutes, with the majority driving alone (83.1%) but also having access to public transportation (4.2%), indicates a manageable and relatively stress-free commute, which, combined with a high health insurance coverage rate of 95.5%, suggests a high quality of life and potential for stable, employed tenants, making it an attractive location for real estate investment.
How do the top industries in Meriden influence the local job market and, consequently, the rental market? +
The top industries in Meriden, including Health Care & Social Assistance, Retail Trade, and Manufacturing, provide a solid foundation for employment opportunities, which in turn supports a stable rental market, considering the employed population of 28,419 and the median household income of $57,633, indicating that residents have the means to afford housing, whether buying or renting.
What insights can be gleaned from the poverty rate, GINI coefficient, and homeownership rate regarding the socioeconomic stability of Meriden? +
The poverty rate of 12.1%, GINI coefficient of 0.443, and homeownership rate of 63.2% in Meriden suggest a community with socioeconomic challenges but also with a significant portion of the population having achieved a level of financial stability, as indicated by the homeownership rate and median property value of $173,400, making it a viable location for real estate investment, especially for those looking to support community development and stability.

Meriden CT Real Estate & City Facts

Key facts and real estate information about Meriden CT.

What are some of the best neighborhoods to live in Meriden? +
Some of the best neighborhoods to live in Meriden include East Meriden, Hubbard Park area, and the East Side off Paddock Ave. These neighborhoods offer a quiet and residential atmosphere, with well-kept homes.
What are some fun things to do in Meriden? +
There are several fun things to do in Meriden, including visiting Hubbard Park, the Quinnipiac River Linear Trail, and the Hunter Golf Club. You can also check out the Meriden Farmers' Market for some local produce.
What is the food scene like in Meriden? +
The food scene in Meriden is diverse and offers a range of options. Some popular restaurants include Lima 32, Tacos Mi Nacho, Little Charm Eatery, Little Rendezvous, Huxley's Bookmark Cafe , Gianni's Restaurant , Taino Smokehouse Prime , Casa Mia at the Hawthorne , and Red Fox. There are also plenty of great food trucks and local eateries serving everything from BBQ to Mexican cuisine.
What are the pros and cons of living in Meriden? +
The pros of living in Meriden include its quiet neighborhoods , local parks , and community events. However , some cons include higher crime rates in certain areas , limited job opportunities , and a need for more diverse entertainment options.
Is Meriden a good place to live? +
Meriden can be a good place to live for those who value a quiet , residential atmosphere , and a strong sense of community. While it may not offer the same level of diversity or entertainment options as larger cities , it has its own unique charm , with plenty of local amenities , including parks , restaurants , and community events.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Meriden CT Commercial Property: $57,633

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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