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Property profile & analytics
FOR SALE
Manufacturing properties

213 Spring St Southington, CT 06489

15,040 SF 2.52 ac lot Built 1970
Entity Owned 35-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0544362
Property summary
AI-generated overview

This exceptional 15,040-square-foot industrial property, located at 213 Spring Street in Southington, Connecticut, presents a unique investment opportunity. Situated on a 2.52-acre lot zoned I-1, this Class B building offers a versatile layout ideal for a variety of uses. Originally a printing and production facility, the space is divided into three distinct sections. One section comprises approximately 6,000 square feet of office and lab space featuring large rooms. The remaining area is divided into two warehouse sections, one offering approximately 3,000 square feet with 14'6" ceilings, and the other approximately 6,000 square feet with 15' to 17' ceilings. The property boasts convenient access to I-84, an interior loading dock, and robust power with 800-amp, three-phase, 220-volt service. Built in 1970, this property is available for $1,350,000, translating to $89.76 per square foot. The occupancy date is September 1, 2024. This property's size, location, and features make it an attractive option for businesses seeking a functional and well-located industrial space in Hartford County.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,040 SF
Lot 2.52 ac (109,771 SF)
Zoning code I-1
APN SOUT M:169 L:012
UPID US15-0544362
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • StepSaver Commercial Printing Marketing & Advertising Printing Service
  • Top 5 Tees (Bike/Boat/Book/etc) Store Printing Service
  • Observer Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Step Saver INC · 35 yrs held
The Step Saver INC
since 1991
1 recorded transaction
1991
Price N/A
Zoning & alternative use
I-1 · Southington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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