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Industrial and Residential Mixed-Use Property
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15 Halls Mill Road, Preston, CT 06365

Two-parcel offering with an industrial warehouse/office complex and a two-unit duplex on separate lots.

Property Size12,207 SF
Lot Size3.50 Acres
Price / SF$98.30
Days on Market113

Property Features for 15 Halls Mill Road

General Information

Standard status Active
Size 12,207 SF
Lot size 3.50 Acres
Property subtype Industrial, Office, Multifamily
Zoning Industrial, R-60

Additional Details

Multifamily Units 2

Building Details

Year Built 1983
Buildings 3
Units 2
Listing Agency: Berkshire Hathaway New England Properties
Listed By: Kyle Schrader · License #RES.0808754
Source: Crexi
Added: Jul 1 Changed: Oct 13 Last Checked: Oct 20 at 9:25PM

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 Berkshire Hathaway New England Properties

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Investment Insights

Based on property information with market context.

Offered as a single combined acquisition, 15 and 17 Halls Mill Road includes two distinct parcels under common ownership, totaling 3.5 acres and combining industrial and residential components. 17 Halls Mill Road anchors the offering as an 8,400 SF industrial warehouse and office complex, with a fully built-out professional office wing and a well-equipped warehouse featuring five overhead doors, a climate-controlled bay, and heavy utility infrastructure. 15 Halls Mill Road complements the commercial parcel with a two-unit residential duplex on 1.38 acres.

The property is zoned Industrial at 17 Halls Mill Road and R-60 at 15 Halls Mill Road, supporting a low-density, light-industrial style corridor use pattern in southeastern Connecticut as described in the listing remarks. This setup provides one ownership platform for an industrial operation alongside on-site residential housing within the same overall acquisition.

The industrial improvements are configured for both office and warehouse functions, while the residential component is a dedicated duplex unit arrangement on its own parcel.

Key Highlights

  • Two‑parcel property in Preston, CT combining industrial and residential components on 3.5 acres (two distinct lots under common ownership).
  • 17 Halls Mill Road features an 8,400 SF industrial warehouse and office complex zoned Industrial.
  • Warehouse includes five overhead doors and a climate‑controlled bay, plus heavy utility infrastructure.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Big Box & Wholesale Store Plumbing Service Garden Center

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby
Well-served
Demand for This Use

Demographics for 06365, CT

4,770
Population
2,088
Households
2.3
Avg Household Size
47
Median Age
27%
College-Educated
96%
High-School Grad
30.4 sq mi
ZIP Area
157
Density / Sq Mi
$109,441
Median Household Income
$48,589
Median Earnings
$1,628
Median Rent
$343,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Flex space - Two-parcel offering with an industrial warehouse/office complex and a two-unit duplex on separate lots.
Where is this flex space located?
The property is located at 15 Halls Mill Road Preston, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑parcel property in Preston, CT combining industrial and residential components on 3.5 acres (two distinct lots under common ownership).; 17 Halls Mill Road features an 8,400 SF industrial warehouse and office complex zoned Industrial.; Warehouse includes five overhead doors and a climate‑controlled bay, plus heavy utility infrastructure.
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