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1650 West St 15,870 SF 67% Leased Retail Building Southington, CT 06489 $1,800,000 ($113.42/SF) 8.68% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime West Street corridor location in Southington
- Excellent visibility, prominent signage, and easy access for customers, staff, and deliveries
- Flexible commercial footprint for owner-occupied HQ with additional income or pure investment
EXECUTIVE SUMMARY
Positioned on Southington's high-visibility West Street (CT-229) with immediate connectivity to I-84 and the Queen Street retail corridor, 1650 West Street delivers the location, access, and signage that both investors and owner-occupants look for. This renovated turn-key building has a versatile commercial layout that supports a variety of office, service, and showroom-style uses, with convenient ingress/egress for customers and trucks. The surrounding trade area features dense daytime population, national credit tenants, medical/professional uses, and established neighborhoods that feed consistent traffic to the corridor. The property is positioned perfectly as an owner-occupied HQ with additional income or as a pure investment play. Schedule a showing to view this gem before someone else capitalizes on this opportunity. Call listing brokers for details on tenancy and proforma financials.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,870 SF
Building Class
C
Year Built/Renovated
1984/2023
Price
$1,800,000
Price Per SF
$113.42
Cap Rate
8.68%
NOI
$156,240
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
1.58 AC
Zoning
6 - Commercial, allows retail, office, medical plus other business uses.
Parking
45 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
150’ on West
AMENITIES
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | SOUT-000167-000000-000009 | Improvements Assessment | $418,440 |
| Land Assessment | $120,910 | Total Assessment | $539,350 |
PROPERTY TAXES
Parcel Number
SOUT-000167-000000-000009
Land Assessment
$120,910
Improvements Assessment
$418,440
Total Assessment
$539,350
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1650 West St
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