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 3, 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 

The IDX display contains information sourced from the  Smart MLS, Inc as of 11/3/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/3/2024 at 1:18 AM UTC

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