1247 Queen St - Freestanding FOR SALE


Southington, CT 06489- Southington/Berlin
$399,999 USD
860-992-7761
1247 Queen St, Southington, CT for Sale
$399,999 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

1247 Queen St
Southington, CT 06489
Southington/Berlin


OVERVIEW

Exceptional Value-Add Mixed-Use Opportunity on Queen Street Rare redevelopment and investment opportunity at 1247 Queen Street in Southington. This multi-building property offers a unique combination of existing residential, commercial, workshop and garage space with significant potential for renovation and repositioning. The front building contains approximately 1,814 square feet and is currently configured as four residential apartments. All four units require substantial renovation, providing an opportunity for an investor or developer to update and reposition the residential component of the property. The rear building contains approximately 3,840 square feet and is currently divided into two commercial/retail spaces and a workshop. An additional approximately 1,600-square-foot basement provides valuable storage and utility space. Above, approximately 1,600 square feet of unfinished attic space offers potential for additional residential development, including the possible creation of two apartments, subject to municipal and site-plan approvals. The property also includes two separate detached garages measuring approximately 528 and 420 square feet, creating additional flexibility for storage, tenant use, contractor space or other permitted uses. Situated along the established Queen Street / Route 10 commercial corridor, the property benefits from strong visibility and approximately 18,200 vehicles per day based on 2024 AADT data for the area. With multiple existing structures and a combination of residential and commercial uses, this property presents substantial value-add potential. Recent Connecticut middle-housing legislation may also provide additional opportunities for qualifying residential redevelopment of commercially zoned properties, potentially allowing developments of up to nine residential units, subject to all applicable state requirements, local zoning regulations and site-plan approval. The property is serviced by public sewer and well water. An excellent opportunity for investors, contractors, developers or owner-users looking to unlock the property's full potential. Buyer to perform all due diligence regarding zoning, permitted uses, redevelopment potential, unit count and applicable traffic data.

FOR SALE DETAILS

PRICE

$399,999 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B

APN/PARCEL ID

SOUT-000204-000000-000005

ASK ABOUT THIS PROPERTY

Lyle RotondoBerkshire Hathaway HomeServices New EnglandMore Info
860-992-7761

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Lyle RotondoBerkshire Hathaway HomeServices New EnglandMore Info
860-992-7761

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