20 Main StSouthington, CT 06489

Property Details for 20 Main St

Year built

1900

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.14 AC

Property size (Sq ft)

9,196 SF

Zone code

CB

Property type

Retail space

APN

SOUT M:100 L:101

APU

SOUTM100L101

Description

This exceptional three-story office building, located at 20-26 North Main Street in the heart of Southington, Connecticut, offers two professional office suites available for lease. Built in 1900 and extensively renovated in 2000, the property boasts a blend of historic charm and modern functionality. Situated on a 0.14-acre lot, the building is zoned CB and falls within Hartford County. The suites are available for multiple tenants, with a minimum leasable space of 1,129 square feet and a maximum contiguous space of 2,411 square feet, offering flexibility for businesses of various sizes. The building's central downtown location provides easy access to local amenities and a vibrant business community. This is an excellent opportunity to establish a presence in a thriving, walkable commercial district. The property's classic architecture and updated interiors create a professional and inviting atmosphere. The address is 20 North Main Street, Southington, CT 06489. This property presents a rare chance to secure high-quality office space in a desirable location. The building's convenient location and flexible lease options make it an ideal choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,739,590

  6.5%

  $1,605,770

  7%

  $1,491,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,249,610

  Geo Method

  $1,249,610

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,131,420

  Mixed-Use / Specialty

  $1,600,050

  Hospitality / Lodging

  $1,173,910

  Office

  $1,590,540

  Institutional / Educational

  $1,663,410

  Residential Income

  $1,946,190

  Multifamily

  $2,334,150

  Automotive / Energy

  $1,425,780

  Parking / Income-Based Land

  $492,018

  Restaurant / Food Service

  $832,198

  Healthcare / Senior Housing

  $1,640,820

Location Insight

City

Southington

County

Hartford

State

Connecticut

Latitude

41.6022

Longitude

-72.8787

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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