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Updated over 6 years ago on . Most recent reply

User Stats

432
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420
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Karen F.
  • Investor
  • San Diego, CA
420
Votes |
432
Posts

Selling/renting office/residential Southington on N Main St

Karen F.
  • Investor
  • San Diego, CA
Posted

I'm going to sell or rent out a residential/office house on N. Main in Southington, right across from the Y.  Most of building underwent a gut reno in 1989.   It's got great parking, great visibility.  Has a small unrenovated 1 bedroom in upstairs rear, rented for $900/month (tenant pays own gas and electric), wonderful stable tenant.)    The office unit is currently 1700 sq ft of built out medical office space.  5 exam rooms, all with sinks and cabinets, two nursing stations, with sinks and cabinets, waiting room, administrative/check in area, large provider's office, large handicapped bathroom, handicapped ramp, plus a very large room with half bath on the second floor, that could be used as administrative space, or office space or staff break room.  Space is attractive, with a large atrium in center that provides an open, light-filled, airy feeling.  But overall, it is class B medical office space.  It could easily accommodate two providers working at the same time.  Space could of course be repurposed, but we're really not interested in doing a build-out.

We bought it for about $350K almost ten years ago, then built it out into medical office space.  I don't know what it's worth now, since there are very few comps available.

If anyone is interested, let me know. 

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