Search
Industrial Building Near Route 72
For Sale
$1,550,000

15-N Washington St, Plainville, CT 06062

Industrial building with eight units and excellent tenants for sale.

Property Size39,044 SF
Lot Size2.52 Acres
Days on Market164

Property Features for 15-N Washington St

General Information

Standard status Active
Size 39,044 SF
Lot size 2.52 Acres
Property subtype Commercial

Building Details

Building Size 39,044 SF
Year Built 1917
Stories 3
Listing Agency: Great Estates CT
Listed By: Diego L. Quintero · License #REB.0793239
Source: Elliman
Added: Mar 11 Changed: Aug 9 Last Checked: Aug 20 at 11:49AM

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 building is located just south of the Route 72 on/off ramp, providing quick connections to Route 84. The property features eight units with tenants. The current sales price reflects a 10.84% capitalization rate. The owner is interested in a leaseback arrangement with extended lease terms. A proforma is available upon request. There is a possibility of a bundle sale with the neighboring property.

Key Highlights

  • 10.84% Cap Rate
  • Excellent tenants in place
  • Strategic location near Route 72 and Route 84 on/off ramp

Property Analytics

Current Use

Abrasive Service Co Industrial Manufacturer Jas Tool Co ... Industrial Manufacturer ASC Industrial Air ... Big Box & Wholesale Store Torchlight Graphics Textile Manufacturer Hill Industries LLC Metal Fabrication Plant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Furniture & Home Goods Locksmith (Bike/Boat/Book/etc) 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.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial property - Industrial building with eight units and excellent tenants for sale.
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: 10.84% Cap Rate; Excellent tenants in place; Strategic location near Route 72 and Route 84 on/off ramp
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message