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Financial
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Property profile

601 North Main St Southington, CT 06489

FOR LEASE
Commercial land
Property ID
US15-0533658
2.28 ac lot
Entity Owned 2-yr Hold Free & Clear
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601 North Main St, Southington, CT 06489 For Lease
$450,000 20,400 SF available
601 North Main St, Southington, CT 06489
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Property summary

AI-generated overview

This exceptional two-story medical office building, located at 601 N Main St in Southington, Connecticut, 06489, offers a total of 20,400 square feet of space. Currently, the entire building, encompassing two suites, is available for lease. Each suite provides a generous 10,200 square feet of contiguous space, ideal for larger medical practices or a division between two tenants. The minimum leasable space is also 10,200 square feet. The building boasts a modern design and is situated in a highly desirable location adjacent to Beacon Prescriptions, ensuring convenient access for patients and staff. This presents a unique opportunity for medical professionals seeking a prominent and well-equipped space to establish or expand their practice. The property's strategic location in Southington, CT offers excellent visibility and accessibility. With its ample square footage and modern amenities, this building is perfectly suited for a variety of medical uses. The building's two-story design provides flexibility in layout and functionality. Don't miss this chance to secure a prime medical office space in a thriving Connecticut community.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.28 ac (99,317 SF)
Zoning code B
APN SOUT M:133 L:093
UPID US15-0533658

Cap rate & NOI

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

Location

601 North Main St Southington, CT 06489
Southington metro Census 430603 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2023
Last sale
$450,000
2 recorded transactions
2024
Price N/A
2023
$450,000

Zoning & alternative use

B · Southington, CT
Zoning description

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

General category COMMERCIAL

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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