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    1 Whiting St Plainville, CT 06062

    For Sale
    $2,750,000

    Mixed-use property with residential and retail units in Plainville.

    Property size:
    32,830 SF
    Lot size:
    0.55 Acres

    Property Features for 1 Whiting St

    General Information

    Size
    32,830 SF
    Lot size
    0.55 Acres

    Source: BHHS - New England Properties | Farmington Agent Jacek Mikolajczyk

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

    Overview

    Mixed-Use Property in Downtown Plainville

    Located in downtown Plainville, this mixed-use property at 1 Whiting Street features ten one-bedroom apartments, two studio apartments, and ten storefront retail spaces. The property generates a net annual income of $199,106. Situated across from the Town Hall and a planned 200-unit apartment complex, the property benefits from high visibility and accessibility, with steady foot traffic. The property size is 32830 square feet. The blend of residential and retail units offers potential for stable cash flow and long-term growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Martel Music Store Musical Instrument Store Concept Marketing, LLC Website Designer

    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
    -72.867358
    Latitude
    41.670661

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with residential and retail units in Plainville.
    Where is this mixed-use property located?
    The property is located at 1 Whiting St Plainville, CT.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - High Net Annual Income: Generates $199,106 annually.; - Prime Downtown Location: Situated in the heart of Plainville.; - Mixed-Use Property featuring ten one-bedroom apartments, two studio apartments, and ten storefront retail spaces.
    (860) 874-6646
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Whiting St Plainville, CT 06062
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