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39-43 Market Sq 3,163 SF 100% Leased Office Building Newington, CT 06111 $325,000 ($102.75/SF)
INVESTMENT HIGHLIGHTS
- Quality Investment Property
- Diverse Tenant Mix
- Area Amenities
- Great Visibility
- Ample Parking
EXECUTIVE SUMMARY
This is an incredible opportunity to own a mixed use property in Newington Center. Retail tenants on first floor and office/flex uses on the second. The building has great visibility and there is ample free parking in close proximity to the site.
Located in the heart of Newington's Market Square, with an abundance of shops and restaurants directly nearby, this mixed use property is perfect for any number of businesses. Newington is a charming suburb nestled between Hartford and New Britain offers all the key elements to develop a successful business - a strong town government, a strong community, a strong Chamber, appealing amenities and a strategic location. Just minutes off of Interstate-91 and 84 and with Routes 5 and 9 running through the town, Newington is in a great location with very easy access to major roadways.
Located in the heart of Newington's Market Square, with an abundance of shops and restaurants directly nearby, this mixed use property is perfect for any number of businesses. Newington is a charming suburb nestled between Hartford and New Britain offers all the key elements to develop a successful business - a strong town government, a strong community, a strong Chamber, appealing amenities and a strategic location. Just minutes off of Interstate-91 and 84 and with Routes 5 and 9 running through the town, Newington is in a great location with very easy access to major roadways.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Building Size
3,163 SF
Building Class
C
Year Built
1955
Price
$325,000
Price Per SF
$102.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,582 SF
Building FAR
0.97
Lot Size
0.08 AC
Zoning
B-TC
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | NEWI-000016-000641 | Improvements Assessment | $113,870 |
| Land Assessment | $63,000 | Total Assessment | $176,870 |
PROPERTY TAXES
Parcel Number
NEWI-000016-000641
Land Assessment
$63,000
Improvements Assessment
$113,870
Total Assessment
$176,870
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39-43 Market Sq
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