142 Queen St
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142 Queen St
2,491 SF 100% Leased Office Building Southington, CT 06489 £355,050 (£143/SF) 6.67% Net Initial Yield
Investment Highlights
- High Traffic area
- Tenants with national brands
- Building condition is above average
Executive Summary
This commercial property has recently been remodeled, has a newer central air system, finished lower walkout level with two bathrooms, 20+ parking spaces, property currently has three top regional tenants, large conference room, kitchen area, gas heat, great location with high traffic count in Southington.
Property Facts
Sale Type
Investment
Property Type
Building Size
2,491 SF
Building Class
B
Year Built
1949
Price
£355,050
Price Per SF
£143
Net Initial Yield
6.67%
NOI
£23,670
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
830 SF
Building FAR
0.13
Land Acres
0.45 AC
Zoning
6
Parking
20 Spaces (8.03 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
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PROPERTY TAXES
| Parcel Number | SOUT-000145-000000-000006 | Improvements Assessment | £65,400 |
| Land Assessment | £110,184 | Total Assessment | £175,584 |
PROPERTY TAXES
Parcel Number
SOUT-000145-000000-000006
Land Assessment
£110,184
Improvements Assessment
£65,400
Total Assessment
£175,584
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Edward Robertson -
Coldwell Banker
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142 Queen St
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