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132 Main St
14,478 SF 92% Leased Retail Building Southington, CT 06489 $3,905,550 CAD ($270 CAD/SF) 7.21% Cap Rate
INVESTMENT HIGHLIGHTS
- Class A Building in the Heart of Downtown Southington, Heavy Foot and Vehicle Traffic.
- Webster Bank Spent $300,000 on Building the New Three Lane Drive-Thru: Completed in 2023.
- Updated 2025 - New NNN Leases - Tenants Pay ALL Building Expenses
- Fully Leased to a Wide Variety of Professional Tenants (Including a National Anchor: Webster Bank).
- Interior Renovation Completed in 2023, Building Features Updates to HVAC, Landscaping, Parking Lot, Flooring.
- Huge Value Add Opportunity by Developing the Rear of the Parcel.
EXECUTIVE SUMMARY
The property is fully leased and features multiple units in the inviting lower level, beautifully renovated with new flooring, trim, lighting and paint and two large suites on the second floor, accessible by an ADA compliant elevator or main lobby stairs. The second floor has two tenants including a prestigious Wellness business with eight private session rooms, with the whole floor highlighted by custom handcrafted woodwork and featuring a built-in aquarium with exotic fish.
A perfect addition to your investment portfolio, with NNN leases providing bare minimum landlord responsibilities, start cash flowing from day one! Value add opportunities include developing the 0.65 acres in the back part of the lot (one of the largest parcels in Downtown Southington, Zoning: CB) ideal location for cell tower, and converting remaining leases to triple net. Don't miss the opportunity to own a piece of rapidly expanding Downtown Southington!
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Storage Rooms Available in the lower level of a professional office/retail building. 300+ SQFT rooms, multiple rooms available. These rooms are temperature controlled, secure, private, well lit, accessible 24/7 and located directly in Downtown Southington. Building has ADA access and common area bathrooms.
| Space | Size | Space Use | Position | Available |
| Basement | 300-1,200 SF | Office/Retail | - | Now |
Basement
| Size |
| 300-1,200 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Basement
| Size | 300-1,200 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Storage Rooms Available in the lower level of a professional office/retail building. 300+ SQFT rooms, multiple rooms available. These rooms are temperature controlled, secure, private, well lit, accessible 24/7 and located directly in Downtown Southington. Building has ADA access and common area bathrooms.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | EGRA-000021-000000-000004 | Improvements Assessment | $0 CAD |
| Land Assessment | $120,964 CAD | Total Assessment | $120,964 CAD |
PROPERTY TAXES
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132 Main St
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