151 Queen StSouthington, CT 06489

  • Retail properties
  • 35,715 SF
For Lease

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,679,992
    6.5%
    $8,012,300
    7%
    $7,439,993
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,759,635
    Geo Method
    $11,759,635
  • Alternative Use

    Use
    Valuation
    Residential
    $6,758,675
    Hospitality
    $6,190,910
    Educational
    $5,150,764
    Medical
    $5,327,907
    Retail
    $8,012,300
151 Queen St, Southington, Connecticut

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$49,670
$602,960
$1,033,060
$1,636,020
-
-
-
-

FAQs

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