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8-Unit Industrial Property
For Sale
$1,550,000

15- N Washington St, Plainville, CT 06062

Multi-unit industrial building with tenant occupancy and access near Route 72 and Route 84.

Property Size39,044 SF
Price / SF$39.70
Days on Market14

Property Features for 15- N Washington St

General Information

Standard status Active
Size 39,044 SF

Additional Details

Cap Rate 10.84%
Highway Access Yes

Building Details

Year Built 1917
Listing Agency: Great Estates, CT
Listed By: Diego Quintero · License #REB.0793239
Source: Themialeteam
Added: Aug 18 Changed: Aug 31 Last Checked: Aug 31 at 2:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Great Estates, CT

Investment Insights

Based on property information with market context.

This industrial property at 15 N Washington St comprises 39,044 square feet constructed in 1917 and configured as eight units. The building is occupied by tenants, and the owner may lease back the property under extended lease terms.

The property is positioned just south of the on/off ramp for Route 72, with connections to Route 84. A potential bundle sale with the neighboring property is also identified, subject to transaction terms. The reported 10.84% cap rate is based on the stated sales price.

Key Highlights

  • 39,044‑square‑foot industrial building constructed in 1917
  • Eight total units with tenant occupancy
  • Located just south of the Route 72 on/off ramp

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Parking Lot & Garage Hotel & Motel Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby

Demographics for 06062, CT

17,628
Population
8,558
Households
2.1
Avg Household Size
44
Median Age
29%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
2,003
Density / Sq Mi
$81,878
Median Household Income
$53,019
Median Earnings
$1,090
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Multi-unit industrial building with tenant occupancy and access near Route 72 and Route 84.
Where is this industrial property located?
The property is located at 15- N Washington St Plainville, CT.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 39,044‑square‑foot industrial building constructed in 1917; Eight total units with tenant occupancy; Located just south of the Route 72 on/off ramp
More about this property
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