1 Ctr St Southington, CT 06489-3102
- Office buildings
- 10,684 SF
- 0.07 lot acres
Current Use by Public Records
- Web Burner / Website Designer
- collegiate homes / Apartment Building
- Elaine Dreher / Mortgage Lender
- M&T Bank / Bank
- Florian Properties / Commercial Real Estate Agency / Business Development Service
Property Details for 1 Ctr St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.07 lot acres
- Property size
- 10,684 SF
- Zone code
- CB
- Property type
- Office buildings
- APN
- SOUT M:100 L:100
- APU
- SOUTM100L100
Description
1 Center Street offers a fantastic opportunity to lease professional office space in a thriving downtown business district. This three-story building, totaling 10,684 square feet, boasts a prime, signalized corner location offering excellent visibility and accessibility. The property is situated within a walkable area rich with diverse amenities, making it an ideal location for businesses seeking a vibrant and convenient environment. The building is currently configured for multiple tenants, with a minimum divisible space of 3,500 square feet and a maximum contiguous space of 3,500 square feet. This allows for flexibility in accommodating businesses of various sizes. The property sits on a 0.07-acre lot and is zoned CB, providing a range of potential uses. The building's location within the bustling downtown area ensures high foot traffic and easy access to public transportation, restaurants, and other essential services. This is an exceptional opportunity to establish a presence in a highly desirable and convenient location. The building's prime corner location and walkable downtown setting offer unparalleled visibility and accessibility for your business. Consider this exceptional opportunity to secure your ideal office space in a thriving urban environment. Inquire today to learn more about leasing options and availability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $540,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $550,000
- Mixed-Use
- $635,000
- Hospitality
- $565,000
- Educational
- $645,000
- Residential Income
- $620,000
- Energy
- $535,000
- Income-Based Land
- $600,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Southington
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.8786
- Latitude
- 41.602
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA