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Property profile

141 Summer St Southington, CT 06479

FOR LEASE
Industrial properties
Property ID
US15-0646249
2.32 ac lot
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Southington, CT industrial property at 141 Summer St offers a diverse range of flexible spaces ideal for various commercial, warehouse, distribution, flex, or manufacturing needs. The 28,727 square foot building, situated on a 2.32-acre lot, features multiple tenancies with units ranging from a minimum of 768 square feet to a maximum contiguous space of 6,500 square feet. Currently, 9,249 square feet is available for lease. Built in 1900 and renovated in 1940, the property benefits from ample parking in a large lot and is conveniently located with easy access to I-84. One available unit, exceeding 3,000 square feet, includes a drive-in door and a newly renovated bathroom, and is projected to be available November 1st. The property is zoned I-1. This property presents a unique opportunity for businesses seeking versatile and well-maintained industrial space in a prime Southington location. Inquire today for lease rates and availability details.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 2.32 ac (101,059 SF)
Zoning code I-1
APN SOUT M:087 L:158
UPID US15-0646249

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

141 Summer St Southington, CT 06479
Southington metro Census 430501 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2012
1 recorded transaction
2012
$1

Zoning & alternative use

I-1 · Southington, CT
Zoning description

The industrial district is intended to provide suitable areas for industrial development appropriate to overall community and regional needs, the location and characteristics of the land, and the characteristics of the a…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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