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142 Queen St 2,491 SF 92% Leased Office Building Southington, CT 06489 $415,000 ($166.60/SF) 5.24% Cap Rate

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INVESTMENT HIGHLIGHTS

  • High Traffic area
  • Tenants with national brands
  • Building condition is above average

EXECUTIVE SUMMARY

This commercial property has recently been remodeled, has a newer central air system, finished lower walkout level with two bathrooms, 20+ parking spaces, property currently has three top regional tenants, large conference room, kitchen area, gas heat, great location with high traffic count in Southington.

ATTACHMENTS

142 queen street

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,491 SF
Building Class
B
Year Built
1949
Price
$415,000
Price Per SF
$166.60
Cap Rate
5.24%
NOI
$21,760
Percent Leased
92%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
830 SF
Building FAR
0.13
Lot Size
0.45 AC
Zoning
B - Business
Parking
20 Spaces (8.03 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor
  • 200 SF
  • Office
  • Full Build-Out
  • Now

Clean, 2nd floor office available immediately! Enjoy access to a conference room by reservation and ample parking for you and your clients. All utilities-heat, cooling, water, and electricity-are included (excluding phone and internet), along with professional maintenance for a hassle-free experience.

Space Size Space Use Condition Available
2nd Floor 200 SF Office Full Build-Out Now

2nd Floor

Size
200 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size 200 SF
Space Use Office
Condition Full Build-Out
Available Now

Clean, 2nd floor office available immediately! Enjoy access to a conference room by reservation and ample parking for you and your clients. All utilities-heat, cooling, water, and electricity-are included (excluding phone and internet), along with professional maintenance for a hassle-free experience.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SOUT-000145-000000-000006
Land Assessment
$139,650
Improvements Assessment
$82,890
Total Assessment
$222,540
  • Listing ID: 32212499

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 142 Queen St, Southington, CT 06489

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