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58-62 East St Plainville, CT 06062

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For Sale
$2,700,000

Retail plaza with 93% occupancy and excellent visibility.

Property size:
23,000 SF
Lot size:
1.93 Acres

Property Features for 58-62 East St

General Information

Size
23,000 SF
Lot size
1.93 Acres

Source: O,R&L Commercial, LLC Agent Luke Massirio

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Plaza For Sale

This retail plaza is available for sale, presenting a prime investment opportunity. The property features a 6.83% CAP Rate and a Net Operating Income (NOI) of $184,478. It includes a 1,500 square foot space available for lease. The property is situated on approximately 1.93 acres and consists of a one-story building. The plaza has been newly renovated and is zoned GC. Traffic counts in the area average approximately 17,000 vehicles per day. There are 110 parking spaces available. The property offers excellent visibility and easy access to I-84 and Route 72. The property has a total size of 23,000 square feet and is currently 93% occupied.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Plainville
County
Hartford
State
Connecticut
Longitude
-72.860705
Latitude
41.669553

FAQs

What type of property is this?
Strip mall - Retail plaza with 93% occupancy and excellent visibility.
Where is this strip mall located?
The property is located at 58-62 East St Plainville, CT.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: - Prime investment property; - Boasting a 6.83% CAP rate; - NOI $184,478
More about this property
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