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Mixed-use plaza on Route 10 in Southington sells for $1.3M

A New Jersey-based buyer recently paid $1.3 million for a 17,824-square-foot mixed-use retail and office building along Route 10 in Southington.

The brick and vinyl-sided building at 550 North Main St., was purchased by 550 Southington LLC. State business records show the company formed Feb. 16 with Ascher Berkowitz, of Toms River, N.J., as principal.

The property was sold by King-Shamrock LLC, whose principal is J. Michael King of Avon.

The listing brokers were James McCall, Mario Longobucco and Don Sagarino of Coldwell Banker Commercial Realty.

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The two-story plaza was completed in 1984.

McCall said the property saw a lot of interest.

“A lot of people are looking for these types of smaller plazas, plazas that are full, with good tenants in good locations,” McCall said. “We are still getting probably two to three calls a day on this one.”
 

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