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$ 2,600,000
Est. payment | /mo
2 Baths
14,478 SqFt
$ 2,600,000
Est. payment | /mo
2 Baths
14,478 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,478 sqft
Price per Sqft $179
MLS Listing ID 24024885
Half Baths 2
Year Built 1940
Annual Tax Amount $21,640
Property Description
Incredible investment opportunity with this 14,478 sqft retail building located on a 1.03 acre lot in the heart of Downtown Southington on the bustling Main St (Route 10), with a Webster Bank Anchor Tenant alongside its newly installed three lane drive-through service. The property is fully leased and features multiple units in the inviting lower level, beautifully renovated with new flooring, trim, lighting and paint and two large suites on the second floor, accessible by an ADA compliant elevator or main lobby stairs. The second floor contains a thriving ECommerce Company and is also home to a prestigious Wellness business with eight private session rooms, with the whole floor highlighted by custom handcrafted woodwork and featuring a built-in aquarium with exotic fish. A perfect addition to your investment portfolio, with NNN leases providing bare minimum landlord responsibilities, start cash flowing from day one! Value add opportunities include developing the 0.65 acres in the back part of the lot (one of the largest parcels in Downtown Southington, Zoning: CB) ideal location for cell tower, and converting remaining leases to triple net. Don't miss this opportunity to own a piece of the rapidly expanding Downtown Southington! *Owner is a CT Real Estate Broker Licensee
Location
State CT
County Hartford
Zoning CB
Interior
Interior Features Elevator, Employee Lounge, Security System
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Gas
Roof Type Tar/Gravel
Building
Lot Description Level Lot, Cleared
Sewer Public Sewer Connected, Public Sewer In Street
Water Public Water Connected, Public Water In Street
Listed by Zach Pranger • Group Realty LLC