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Mixed-Use Investment Opportunity
For Sale
$799,900
Pending

368 Hopmeadow Street, Simsbury, CT 06089

Three buildings with retail, office, and residential spaces.

Property Size9,189 SF
Lot Size0.88 Acres
Days on Market415

Property Features for 368 Hopmeadow Street

General Information

Standard status Pending
Size 9,189 SF
Lot size 0.88 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $17,642

Amenities

Central air
Asphalt Shingle Roof
Baseboard Heating
Central Air Cooling
Hot Air Heating
Level Lot
Radiator Heating
Zoned Heating

Building Details

Year Built 1903
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: MARK RIESBECK · License #RES.0798345
Source: Corcoran
Added: Aug 29, 2025 Changed: Oct 16 Last Checked: Oct 16 at 9:18AM

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 NE Prop.

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Investment Insights

Based on property information with market context.

This mixed-use investment opportunity features three buildings totaling 9,189 square feet. The property is located in a high-traffic area along Route 202/Route 10. The property includes a mix of retail, office, service, and residential spaces. The buildings have a combination of occupied units and vacant units available for lease or owner use. Building 1 contains a beauty salon and a second-floor office space with 5 offices and a half bath. Building 2 houses the Weatogue Post Office, a former second-floor dentist office with multiple exam rooms and baths, a ground-floor office suite with reception, conference, and private offices, plus a standalone office with an open floor plan. Building 3 includes a barber shop and a 2-bedroom, 1-bath apartment above. The apartment is currently occupied and has no lease. Heating systems include oil, electric, and gas. Central air conditioning is available in most spaces. Conditions of the utilities vary. City water and sewer serve the majority of units, with some units using septic systems. The property offers visibility and traffic counts. It is located in the Farmington Valley.

Key Highlights

  • Prime, high‑traffic location on Route 202/Route 10 ensures excellent visibility and accessibility.
  • Mixed‑use property with retail, office, service, and residential spaces provides diverse income streams.
  • 9,189 sq ft across three buildings offers substantial space.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Auto Parts Store Parking Lot & Garage Real Estate Agency

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

131
Businesses Nearby

Demographics for 06089, CT

3,594
Population
1,619
Households
2.2
Avg Household Size
41
Median Age
79%
College-Educated
99%
High-School Grad
2.9 sq mi
ZIP Area
1,239
Density / Sq Mi
$132,794
Median Household Income
$80,833
Median Earnings
$2,248
Median Rent
$407,300
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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three buildings with retail, office, and residential spaces.
Where is this mixed-use property located?
The property is located at 368 Hopmeadow Street Simsbury, CT.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Prime, high‑traffic location on Route 202/Route 10 ensures excellent visibility and accessibility.; Mixed‑use property with retail, office, service, and residential spaces provides diverse income streams.; 9,189 sq ft across three buildings offers substantial space.
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