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Newly Renovated Shopping Center
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58-62 East St, Plainville, CT 06062

Newly renovated shopping center zoned GC with 93% occupancy and easy access to I-84 and Route 72.

Property Size23,000 SF
Lot Size1.93 Acres
Price / SF$117.39
Days on Market353

Property Features for 58-62 East St

General Information

Standard status Active
Size 23,000 SF
Total Parking Spaces 110
Lot size 1.93 Acres
Property subtype RETAIL
Zoning GC
Occupancy 93%
Net Operating Income $184,478

Site & Location

Traffic Count 17,000 vehicles/day
Highway Access Yes

Additional Details

Cap Rate 6.83%

Building Details

Stories 1
Tenancy Multi
Listing Agency: O,R&L Commercial, LLC
Listed By: Luke Massirio · License #RES.0796961
Source: Moodyscre
Added: Aug 12, 2025 Changed: Jul 29 Last Checked: Jul 30 at 12:21PM

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 O,R&L Commercial, LLC

Investment Insights

Based on property information with market context.

58-62 East St, Plainville, CT 06062 presents a newly renovated shopping center configured as a one-story property on 1.93± acres. The center includes 1,500± SF of space available and is currently reported at 93% occupancy. Parking is provided with 110 spaces.

The property is zoned GC and is described as having excellent visibility. Reported traffic is 17,000± ADT, with easy access to I-84 and Route 72.

As presented, the offering is supported by a 6.83% cap rate, with the center sized at 23,000 SF. This combination of a renovated shopping center, active occupancy, and highway access may align with retail tenants seeking straightforward site logistics and visibility.

Key Highlights

  • Newly renovated one‑story shopping center on 1.93± acres
  • 1,500± SF space available; 93% occupancy reported
  • Zoned GC; described with excellent visibility

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Grocery & Convenience Store Accounting Firm

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

17,000 VPD
Traffic count
93%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,493 visits/mo 0.3 miles
Citgo Shops & Services
1,306 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Newly renovated shopping center zoned GC with 93% occupancy and easy access to I-84 and Route 72.
Where is this shopping center located?
The property is located at 58-62 East St Plainville, CT.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Newly renovated one‑story shopping center on 1.93± acres; 1,500± SF space available; 93% occupancy reported; Zoned GC; described with excellent visibility
(860) 883-6013 Call to check price and availability
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