Newly Renovated Shopping
For Sale
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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$108.70
Days on Market399
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
(860) 721-0033
Listed By:
Luke Massirio · License #RES.0796961
(860) 883-6013
Source:
Moodyscre
Added: Aug 12, 2025
Changed: Sep 2
Last Checked: Sep 14 at 6:48AM
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.
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
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Current Use
Lease Details
17,000 VPD
Traffic count
93%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
5,876 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in Northeast region
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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 $2,500,000.
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
