Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Professional Office/Medical Space Available Title is generated by Realmo AI

    27 Meriden Ave 1A, Southington, CT 06489

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr $1,721/Mo (calc)

    Highly visible office/medical space for lease near downtown.

    Type:Commercial
    Property size:
    1,033 SF
    Lot size:
    1.07 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    59
    Last Refresh:
    Mar 22 at 9:29 am

    Property Features for 27 Meriden Ave 1A

    General Information

    Standard status
    Active
    Size
    1,033 SF
    Lot size
    1.07 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Brent Eckman
    Brent Eckman

    Listing agent Brent Eckman License #RES.0813578

    Listing office AllPoints Realty Inc

    Listing date Mar 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of AllPoints Realty Inc

    HighLights

    • Highly visible location near downtown, offering accessibility and visibility.
    • Functional 1,033 SF lower‑level suite with a quiet layout.
    • Includes a spacious lobby/reception area, three private offices, and a storage/kitchenette.
    • Ample secure parking in the rear of the building.
    • Professionally managed and well‑maintained building with elevator access.
    • Lease terms are gross plus utilities and available immediately.

    Overview

    This 1,033 square foot lower-level suite is available for lease on Meriden Avenue. The space features a functional layout including a spacious lobby or flexible reception area, three private offices, and a storage/kitchenette space. It is suitable for a variety of professional uses. The building is professionally managed and well-maintained, and includes an elevator and shared restrooms in the common corridor. Ample secure parking is available in the rear. The property is strategically located near the corner of downtown, offering accessibility and visibility. Lease terms are gross plus utilities and the space is available immediately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Abt Peter J ... Dental Office Rinaldi James P ... Accounting Firm Jared Percyz DDS ... Dental Office Heather Lavallee Theriault Physician Dr. Donald Demas Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8762975
    Latitude
    41.5966472

    Nearby Similar for Lease

    • $550/Mo
      268 SF

      Southington Office Space For Lease

      Prime office space in Southington Professional Office Building available for lease.
      100 Queen Street, Southington, CT 06489
      View Details
    • $20 SF/Yr
      1,033 SF

      Southington Office/Medical Space Available

      Professional office/medical space for lease in a well-maintained building.
      27 Meriden Avenue, Southington, CT 06489
      View Details
    • $1,150/Mo
      1,050 SF

      Southington Office Space For Rent

      Office space in a convenient location with flexible layout.
      176 N Main Street, Southington, CT 06489
      View Details
    • $650/Mo
      288 SF

      Southington Office Space For Lease

      Prime office space in Southington Professional Office Building available for lease.
      100 Queen Street, Southington, CT 06489
      View Details
    • $16 SF/Yr
      11,985 SF

      Southington Retail Space Available

      12,000 SF retail space in Southington, Connecticut.
      350 Queen Street, Southington, CT 06489
      View Details
    • $300/Mo
      108 SF

      Southington Office Space For Lease

      Prime office space in Southington Professional Office Building available for lease.
      100 Queen Street, Southington, CT 06489
      View Details
    • $20 SF/Yr
      300-500 SF

      Downtown Southington Office Suite

      Flexible commercial space in downtown Southington with elevator access.
      132 Main St, Unit Lower Level 1, Southington, CT 06489
      View Details
    • $1,650/Mo
      1,180 SF

      Retail Space on Busy Route

      Retail space with high visibility and easy highway access.
      1783 Meriden Waterbury Turnpike, Southington, CT 06489
      View Details
    • $18 SF/Yr
      1,700 SF

      Prime Retail/Office Space Available

      High-visibility commercial space in a bustling Hartford County location.
      474 N Main St, Southington, CT 06489
      View Details
    • $20 SF/Yr
      1,033 SF

      Professional Office/Medical Space Available

      Highly visible office/medical space for lease near downtown.
      27 Meriden Avenue #1A, Southington, CT 06489
      View Details
    • $1,150/Mo
      1,050 SF

      Office Space in Convenient Location

      Flexible office space featuring vintage details and quick occupancy.
      176 N Main St 1F, Southington, CT 06489
      View Details
    • $18 SF/Yr
      2,889 SF

      Downtown Southington Retail Space Available

      Prime retail space in downtown Southington, ideal for various businesses.
      83 Center Street #2, Southington, CT 06489
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Highly visible office/medical space for lease near downtown.
    Where is this medical office space located?
    The property is located at 27 Meriden Ave 1A Southington, CT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Highly visible location near downtown, offering accessibility and visibility.; Functional 1,033 SF lower‑level suite with a quiet layout.; Includes a spacious lobby/reception area, three private offices, and a storage/kitchenette.
    (203) 695-8486
    We can help!
    Listing Contact
    Brent Eckman
    Brent Eckman
    Real Estate License ID: RES.0813578
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    27 Meriden Ave 1A, Southington, CT 06489
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!