168 Center Street, Southington, CT
Office for Sale - $3,000,000 - 116,945 Sq. Ft. on 3.43 acres
Property Info
CIMLS# | 765636 |
Location 168 Center Street Southington CT 06489 | |
Updated | December 8th, 2014 |
Type | Office |
Price | $3,000,000 |
Building | 116,945 Sq. Ft. |
Land | 3.43 acres |
Property Description
The subject property consists of two converted former mill style buildings situated on 3.43 acres ideally located on Center Street in the Central Connecticut town of Southington. Currently, the complex is a mix of office, manufacturing and retail space totaling 116,945 square feet. It is situated in the center of an area of Southington undergoing a strong revitalization. The property, currently known as Factory Square, was originally built in 1883 and occupied by Southington Tool Manufacturing. Multiple additions to the property were built between the period of 1930 - 1960. The building was converted into a mixed-use property by the current owners in 1985. The complex consists of two buildings, a 100,369 square foot two and three story former factory building and a 16,585 square foot one story single tenant building. RM Bradley has been retained by the owner to market the property for sale.
INVESTMENT HIGHLIGHTS
Price - $3,500,000 $3,000,000
A 100,369 square foot multi-use multi tenant former factory building that currently is over 80% leased
A 16,585 square foot single story building currently being occupied by a single tenant for light manufacturing and is 100% leased
Little to no deferred maintenance
All roofs recently replaced
Floor plate accommodates a potential conversion to residential units
20 minutes from Hartford