151 Queen StSouthington, CT 06489

Property Details for 151 Queen St

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.38 AC

Property size (Sq ft)

35,715 SF

Zone code

B

Property type

Super regional malls

APN

SOUT M:145 L:036

APU

SOUTM145L036

Description

This exceptional retail opportunity presents ±3,151 square feet of leasable space within the ±35,715 square foot Oak Hill Mall, located at 151 Queen Street in Southington, Connecticut. Situated in Hartford County, this single-tenancy space is ideal for a variety of retail businesses seeking a high-visibility location. The property benefits from its position within a well-established neighborhood shopping center, ensuring high foot traffic and convenient access for customers. The address, 151 Queen Street, 06489, provides excellent visibility and accessibility. The space is ready for immediate occupancy, offering a blank canvas for your business to thrive. The property's location in Southington, CT, offers a strong demographic profile and a thriving local economy. This is a rare opportunity to secure a prime retail space in a desirable location. The overall building size of approximately 35,715 square feet provides ample space for a variety of businesses and creates a vibrant shopping environment. This property is classified as retail space within a shopping center. The property is located at latitude 41.6207188 and longitude -72.8723331. Don't miss this chance to establish your business in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $6,756,140

  6.5%

  $6,236,430

  7%

  $5,790,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,853,180

  Geo Method

  $4,853,180

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,161,700

  Mixed-Use / Specialty

  $6,214,200

  Hospitality / Lodging

  $4,559,160

  Office

  $6,177,280

  Institutional / Educational

  $6,460,260

  Residential Income

  $7,558,510

  Multifamily

  $9,065,270

  Automotive / Energy

  $5,537,370

  Parking / Income-Based Land

  $1,910,880

  Restaurant / Food Service

  $3,232,050

  Healthcare / Senior Housing

  $6,372,550

Location Insight

City

Southington

County

Hartford

State

Connecticut

Latitude

41.6206

Longitude

-72.8727

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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