Active
Private Address
$2,450,000
$169.22 per sqft
Active
2 Baths
14,478 sqft
Commercial
Built in 1940
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
24024885
MLSⓇ ID
June 12, 2024
Listed
November 22, 2024
Updated
Map
Private Address
Interior Features
Total Bathrooms
2
Half Bathrooms
2
Interior Features
Elevator
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Features
Cleared, Level
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
N/A
Taxes
$21,640
Tax Frequency
Annually
Days on Market
144
Garage
No
View
No
County
Hartford
Water Source
Public
Pool
No
Zoning
CB
Listing History
Date | Event | Price |
---|---|---|
11/3/2024 | Price change | $2,450,000 -4% |
7/24/2024 | Price change | $2,550,000 -2% |
Listed by Zach Pranger with Group Realty LLC
Listing Contact: 2037511390
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Data last updated on 11/22/2024 at 6:22 AM UTC