132 Main StSouthington, CT 06489

Property Details for 132 Main St

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.03 AC

Property size (Sq ft)

12,064 SF

Zone code

CB

Property type

Retail properties

Property subtype

Banks

APN

SOUT M:100 L:036

APU

SOUTM100L036

Description

This exceptional 2,100-square-foot Class A office space is available for lease in downtown Southington, Connecticut. Located at 132 Main St, 06489, this unit boasts high-end wood finishes, brand new vinyl flooring, and fresh paint. The space features a large main room, three private offices, a reception area, and ample storage. Enjoy a dedicated entrance directly from a large parking lot (50+ spaces), a private half bathroom, 24/7 access with electronic keypad locks, and security cameras. Common areas have been recently renovated (2024), and the space includes energy-efficient HVAC. The building and unit bathroom are ADA compliant. This versatile space is ideal for various uses, including retail or office. Additional storage space is available in the lower level. The monthly rent is $2,550. The building totals 14,000 square feet with 3,000 square feet currently vacant. This is a multiple tenancy building.

• CAP approach

  CAP return

  Valuation

  6%

  $2,931,973

  6.5%

  $2,706,437

  7%

  $2,513,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,972,231

  Geo Method

  $3,972,231

• Alternative Use

  Use

  Valuation

  Residential

  $2,282,981

  Hospitality

  $2,091,198

  Educational

  $1,739,852

  Medical

  $1,799,688

  Retail

  $2,706,437

Location Insight

City

Southington

County

Hartford

State

Connecticut

Latitude

41.5997

Longitude

-72.8789

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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