For Sale
$2,600,000

132 Main StSouthington, CT 06489

Fully Leased Retail Building, High ROI

Overview

Added:
Feb 3
Days on market:
60
This exceptional 14,478 square foot commercial building presents a compelling investment opportunity in the vibrant heart of Downtown Southington, Connecticut. Situated on a 1.03-acre lot at 132 Main Street (Route 10), this property boasts a prime location with high visibility and foot traffic. The building is currently fully leased, generating immediate cash flow with minimal landlord responsibilities due to NNN leases. The ground floor features a Webster Bank with a newly installed three-lane drive-through, along with multiple inviting retail units, recently renovated with new flooring, trim, lighting, and paint. The second floor, accessible via an ADA-compliant elevator or main lobby stairs, houses a thriving e-commerce company and a prestigious wellness business encompassing eight private session rooms. This floor showcases custom handcrafted woodwork and a unique built-in aquarium. The property offers significant value-add potential. A substantial 0.65-acre parcel at the rear of the lot (one of the largest in Downtown Southington, zoned CB) presents opportunities for development, such as a cell tower. Further upside potential exists through converting remaining leases to triple net. This property represents a rare chance to acquire a high-performing asset in a rapidly growing downtown area. The building's strong tenant mix, prime location, and substantial development potential make it an ideal addition to any investment portfolio.

Property Details for 132 Main St

Property type
Square Feet
14,478 SF
Year Built
1940

Location Insight

City
Southington
County
Hartford
State
Connecticut
Latitude
41.59971
Longitude
-72.87836
132 Main St, Southington, Connecticut

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132 Main St
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