714-742 West St - Storefront Retail/Office FOR SALE


Southington, CT 06489- Southington/Berlin
$2,950,000 USD
203-391-6805
714-742 West St, Southington, CT for Sale
$2,950,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 11.48% Cap Rate

714-742 West St
Southington, CT 06489
Southington/Berlin


OVERVIEW

2nd Level with Elevator - Vacant - 12,054 square feet; Street Grade - 8,500 square feet or 27% occupancy; Lower Level - Vacant - 9,324 square feet; Total Gross Leasable Area - 31,714 square feet; -- ; Occupancy - Occupied - 26.9 %; Vacant:73.1%; Estimate of NOI "As Is" - $42,400; Estimate of NOI "As If" Stabilized - $338,600; Adjust 1 - Capital Expenditures - $tbd; Adjust 2 - Downtime from Lease-up - $tbd; Adjust 3 - Profit - $tbd. = Seller Estimate of Market Price; All reasonable offers welcome..

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

11.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Contingent Offers Welcome

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

6

APN/PARCEL ID

SOUT-000109-000000-000044

ASK ABOUT THIS PROPERTY

Kenneth LabbePyramid Real Estate GroupMore Info
203-391-6805

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Kenneth LabbePyramid Real Estate GroupMore Info
203-391-6805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.