171 Market Square, Newington, CT, 06111

171 Market Square Newington, CT 06111

171 Market Square, Newington, CT, 06111
171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111 171 Market Square, Newington, CT, 06111
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$975,000
Last Verified:
Jun 10, 2025

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Highlights

  • Prime Investment Opportunity in Newington Center
  • Recent Renovations
  • 12,251 +/- Sq Ft Multi-Tenant Building
  • Covered Parking Spaces and Ample Public Parking
  • Many Area Amenities
  • Elevator

Description

Introducing a prime investment opportunity in Newington, CT. This 12,251 SF office building, originally constructed in 1972 and meticulously renovated in 2024, offers modern amenities within a well-maintained structure. Zoned B-TC, this property presents versatile usage options for the discerning investor. Strategically positioned in the thriving Newington area, this building is an ideal choice for those seeking a solid investment within a dynamic commercial real estate market. Don't miss the chance to add this impressive property to your portfolio and capitalize on the potential it holds.

Newington has a vibrant walkable city center with ample entertainment, dinning, service & shopping options and free public parking. The area is mixed use with residential neighborhoods nearby.


Year Built: 1972
Building Size: 12251sq ft
Building Class: B
Lot Size: 0.31 acres


Documents

Brochure
Income and Expenses - 171 Market Sq.pdf
Recent Work - 171 Market Sq.pdf

Map of 171 Market Square, Newington, CT, 06111

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.