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171 Market Sq 12,251 SF 100% Leased Office Building Newington, CT 06111 $950,000 ($77.54/SF)
Executive Summary
Don’t miss this exceptional investment opportunity to acquire a fully occupied, two-story office building located at 171 Market Square, Newington, CT 06111.
This well-maintained property features 15 private office suites, offering a stable income-producing asset with a diverse tenant mix. Each floor includes separate men’s and women’s restrooms, providing convenience for tenants and visitors.
The building is equipped with a well-maintained elevator ensuring full accessibility, along with two emergency exits for safety compliance. Tenants benefit from abundant natural light throughout, creating a bright and professional work environment.
Additional highlights include:
Covered off-street parking, plus ample on-street parking availability
Central heating and air conditioning serving the entire building
Professionally maintained common areas
Easy access to major roadways, local amenities, and surrounding retail/services
Strong occupancy history (fully leased at time of listing)
Ideal for investors seeking a turnkey office asset in a desirable and convenient Newington location.
This well-maintained property features 15 private office suites, offering a stable income-producing asset with a diverse tenant mix. Each floor includes separate men’s and women’s restrooms, providing convenience for tenants and visitors.
The building is equipped with a well-maintained elevator ensuring full accessibility, along with two emergency exits for safety compliance. Tenants benefit from abundant natural light throughout, creating a bright and professional work environment.
Additional highlights include:
Covered off-street parking, plus ample on-street parking availability
Central heating and air conditioning serving the entire building
Professionally maintained common areas
Easy access to major roadways, local amenities, and surrounding retail/services
Strong occupancy history (fully leased at time of listing)
Ideal for investors seeking a turnkey office asset in a desirable and convenient Newington location.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
12,251 SF
Building Class
C
Year Built/Renovated
1972/2000
Price
$950,000
Price Per SF
$77.54
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,126 SF
Building FAR
0.91
Lot Size
0.31 AC
Zoning
Business
Parking
35 Spaces (2.86 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Fully Carpeted
- Natural Light
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Sacred Self
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Sacred Self | - | - | - | Lorem Ipsum | Jan 0000 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | NEWI-000011-000338 | Improvements Assessment | $248,500 |
| Land Assessment | $66,500 | Total Assessment | $315,000 |
Property Taxes
Parcel Number
NEWI-000011-000338
Land Assessment
$66,500
Improvements Assessment
$248,500
Total Assessment
$315,000
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Presented by
Sarjac Partners LLC
171 Market Sq
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